Well there are so many large bank in the world that are accepting bitcoin but be careful some of them are regulated by the government and some of them will questioned you what are the sources of your funds so be careful always complete your documents just in case. There are withdraw button in some wallet online.
Are out of mind. Which bank accepting the bitcoin to deposit or payment service. If you ask me, I will say the answer is nil only mate. I do not find any one so far. When I want to convert my bitcoin into cash I mostly prefer the exchanges only mate. Since the governments unable to stop the usage of the exchange using crypto currencies they are regulating with the 20 percent or something in taxation bro. I really like to use the localbitcoins all the time when I am gonna exchange it for fiat cash. Yeah you are right. In my country bitcoin and Altcoin are banned and there is no bank accepting crypto so far. If the banks start this service then deposit and withdrawal will be easier. It is possible but after legalization of bitcoin be the governments. In developing countries it will take long time but I am sure one day it will happen and the entire world will use banks for their transactions. People continue to use as well turn bitcoin into real money through different means. The best in practice in use is our forum. People used to find the person who would like to buy bitcoin in exchange for real money. Further they make the transaction and get paid in bank or in hands. |
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Very few ico's does this. In a bounty I got paid in terms of ethereum, but in a very short time period the particular ico value grew much high. At that instance I thought it is better to get in terms of respective token. End of the day getting token and or as ethereum is good if market is indicated with the red mark.
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Sort of , but I believe in fundamental news more in here , due to enormous number whales in crypto market , i dont think technical works very much in there , unfortunately there is no rule to fight against whale and they manipulate the market whenever they want!
Agreed, still technical analysis is a must. Because, it lets us understand the growth in the periodic manner. Whales manipulating the market happens, and that too is done based on the situation and the market. If you go through the market of the last year it'll be almost a similar pattern which lets us understand the way the price moves were gonna take place. |
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This issue with criminals (hackers, terrorists etc) is the main reason for the recent frequent governmental regulations which includes the Know Your Customer (KYC) and Anti-money Laundering (AML) processes. If KYC is done very well, then the security agents can track transactions to their respective addresses and owners of those addresses. But the issue is, will these criminals provide their right identity during KYC?
any identification is not perfect and does not make much sense, except for the collection of information about the holders of the coins. bitcoin, like any refrigerator, can be used to commit a crime, but this does not prevent millions of people from using refrigerators for their needs. Agreed, it is clearly explained the use of bitcoin into crime with a real life used application. Even before the existence of bitcoin crime was there in the world. If crime came into existence only after the existence of bitcoin or digital currency, then we can say bitcoin is harm. |
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Yes, Bitcoin is self-sustaining enough. It has sustained itself so well from last 9 years. Hackers, manipulators, regulators government and many more have tried to bring it down, but it has always proved its worth. And I don’t think economy has any affect on Bitcoin, neither Bitcoin’s adoption is strong or huge enough to affect the world economy. so go ahead don’t worry about such restrictions.
When governments see growth over an industry or over a firm, it tries to make it as the government belonging. In some cases it is impossible and the same is happening with bitcoin. World economy at present doesn't have any impact because of bitcoin. But, in the falling years things will change when major adoption happen taking the growth beyond limits. |
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Bitcoin mining is still profitable, but won't be getting such a big earning as they earned in the past. During those days the miners were low in number, the difficulty is low, and the initial investment too is low. Now everything has changed upside down, still people get into it understanding the good in it.
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I think investing in bitcoin and banks has risks and has advantages and disadvantages, bitcoin has a greater risk than banks but bitcoin profit is greater than banks and investment in banks more secure
When you make an investment on an government authorized bank, the risk is low and the profit got through it is much low. As well most of the schemes have long term maturity period on the investment made. When considering the bitcoin, the profiting is big to which the risk is much big. Importantly keeping our assets in a most secure manner itself a big task. |
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Cryptocurrency network is entirely speculative, because if you go through the growth chart along with the reason for the price bump and dump it can be understood easily. The negative form of speculation moves it in the negative manner while positive speculation help with the growth.
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Eth to btc trading pair is available with each and every exchange. It is easy to just go to the exchange and select the Eth to btc trade. Select the respective amount that you need to turn it to btc. Automatically the trade gets executed when the price you mentioned gets achieved.
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It cannot be taught, it need to be experimented. Because different exchanges have different forms of trading access. There are few which provides with simple interface and it is better to go with those and understand the way of trading. Once you make a trading it'll be much easier for you to proceed further.
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The price drop is massive, none could have expected such a fall in very small time period. Also none is sure about the perfect reason for the price drop that has been continuing. Another thing is the price drop of altcoins along with bitcoin. Very few altcoins have got growth indicated with green mark while rest are declining continuously.
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yes, you are right, luck is the main one. not just gambling, but also living destiny. if indeed people are lucky, they will always do everything easily and simply. but effort and intelligent thinking are also important. for example, take advantage of opportunities and be patient to wait for the right timing to throw the best cards.
Lol, no way luck in real life is just a stupid myth I have seen people depending on only luck their whole life to say something good will happen in there life and they will have a fortune but without hard work, it's impossible for anything good to happen. In gambling only luck is important but most the time it's better to not gamble for a long time as you always lose As said luck in real life can be a stupid myth, with gambling the scenario is different, it has the ability to make a big change. Depending upon the whole life on luck happens with people just because of some incidents where they might have observed some coincidence. This further gets termed as luck. |
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What you provide as an investment can be very small, but you need to have the trust upon the cryptocurrency network as well the patience to keep hold for certain time period. This will surely make you get a multiplied profit after certain time period. In this regard I suggest a regular spending in an uniform way could make investments effective.
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It will last long enough, maybe until you leave the world of cryptocurrency. bitcoin persists until the user leaves it. Bitcoin is still the king of cryptocurrency as well as being a good investment for every one of its users. Blockchain technology is constantly being developed and it is great for a good future.
It'll last for much longer time period, because there are governments which has found the goodness within it and has been taking necessary initiative to make use of it for administrative as well on different other needs. The cryptocurrency industry is completely dependent on bitcoin, so till bitcoin lasts there will be cryptocurrency industry. |
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The oil market is completely doesn't have any relation with the cryptocurrency market. The world economy has a dependence upon the oil market. Even when the world economy was under collapse bitcoin was flourishing which shows that bitcoin and world economy doesn't have a big relation. A small impact might happen with regards to oil market variation.
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The very common principle behind the trading is to buy low and sell high. Maybe there might be some sort of fluctuations taking place in the opposite manner of your prediction. To overcome such situations user should always have a plan B, so that it can be applied to get out of loss or to overcome the same.
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Each and every investment has got its own risk. Whether it is a cryptocurrency related or commodity based or forex related. While making an investment we agree to the terms where the risk factors were clearly mentioned. From my understanding better is to take risk with cryptocurrency rather than taking risk with common investment schemes.
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Being a primary currency in terms of usage and acceptance requires lot many years to travel. As it is completely decentralized it cannot easily get the status of a primary currency, and in my belief bitcoin will continue to be the alternative to the traditional currency system. More the advancement more will be the adoption leading towards mainstream usage.
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This year is very difficult for beginner investors, but for me this is a test for cryptocurrency before 2019, I am sure the end of this Year, everything will be Normally, Bitcoin will reach $ 15,000 - $ 17,000.
Absolutely agree with your opinion. Bitcoin's price of $ 15,000- $ 17,000 is a reasonable price this year. Most people are focused on bitcoin, just good news, Bitcoin prices can go to the moon What's been mentioned is truly an achievable one for the ongoing year. Now price reaching above $15000 could have taken place, but due to the regulations and the lack of large level of adoption the price is quite fluctuating, which will soon increase within days as people have begun to understand the true value of bitcoin. |
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In the near future the demand for bitcoin keeps on increasing, because the usage as well the acceptance level has been increasing regularly. Possibly bitcoin market is expected to make a big change in the world economic situation. Only thing necessary is the support from the governments of different countries.
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