There is no reason to say that Bitcoin is a global currency. Bitcoin is currently being used in most countries of the world. But Bitcoin is not valid in all countries, some countries have banned it. Yet, the use and control of Bitcoin is growing worldwide. Russia, Japan, Germany, South Korea, France, America, and many countries including Bitcoin have much to use and control.
Bitcoin is no doubt being used by so many people living at different places of the world but the fact is still, you can’t say bitcoin as the global currency as none of the government of any of the county has so far declared it as a legal currency which is the most basic condition for the bitcoin to be the global currency. It needs a lot of time for things to be this much good and that we need to stay patient by then. For me bitcoin is already regular enough and it takes time to do something really high, bitcoin is regular at some places how are adopting bitcoin legally now for the betterment of their economical state of country I am true bitcoin supporter because I know one day bitcoin will makes me rich same as those thousands of people who are millionaires now a day, India now recently announced bitcoin as legal so people of India are using bitcoin freely I hope one day we will also be one of them to take the advantage of bitcoin global regulation. Bitcoin is no doubt performing exceptionally well in the world of the crypto currencies and that it has managed to make a very good name in the international market but still there are so many things which are needed to be done and that bitcoin global regulation is one of the most important thing amongst all those things as this will then result in increase in the awareness rate and increase in the number of investors investing in the bitcoin.
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If bitcon wants to stabe in the market they need to balance demand and supply position. Must take initiative for improvement. Need to promotion for increase investment.
As far as I know regarding the crypto market especially when it comes to that of the market value of any of the crypto coin, then I don’t think so that there is any such thing which can result in the stability of the market value of the bitcoin or any other coin as the market value is dependent on the demand of the bitcoin and that you cannot expect that the demand of the bitcoin will be stable at any moment. Not only demand but the investment level and the activities of whales is also affecting the prices and stability of the mighty bitcoin. The acceptance of bitcoin by great business empires are going to make it somehow stable but still it is going to exhibit volatility. The more we invest into it and the more are the supporters, I believe the greater increases in the values would be observed in the coming days.
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I highly doubt that digital currencies will be able to fully replace cash all over the world. They are quite different in terms of functions and operations plus the procedure of getting and installing new equipment for electronic money is way too expensive.
Handling cash is a headache. Currency notes get wet or torn. Coins are heavy and they fall from the pockets. Shops/Store owners have the real problem dealing with 5 to 10 kilos of coins everyday. No doubt that handling cash is much difficult than handling some sort of crypt currency because cash can be lost at any time just because of the simple mistakes done by the person whereas, the case is totally difficult regarding cryptos because it is not in your pocket all the time, so you don’t have to worry about the loss. Access is the only thing in which currency has benefit over cryptos. I agree with that because the cryptocurrencies are very safe to handle since even you lost your device or you accidentally uninstalled the wallet then you can still recover your cryptocurrency there by the back up passphrase that you have saved but in terms of cash, when you accidentally lost your wallet then there is only a small chance that you will get back your cash. Digital money helps us to pay fee and other charges of stores or online stores within seconds. We do not have to pay them directly by hand and this damages the fait currency too and governments will need to make more and will use more amount of its manufacturing. We will get rid of wasting money if we adopt the Bitcoin, will save our money and will give us profit.
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My next investment would be real estate. I believe that real estate is like a gold. It's value overtime does not depreciate but only appreciate.
I have been hearing about real estate investment even before I got into Bitcoin investment, but I never understood what it was all about or how it works and how you can actually get to participate in it. I was even getting some mails from some that claims to be some kinda real estate agents or whatever, but I never accepted their offer cause it seems like scam. How they even got my email is what I don’t know.
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Bitcoin is good and there are lots of things it has to offer. But if you’re going to use it as a means Saving or investing your pension, it will be better you put in mind the fact that it is very risky. That’s why you will see lots of people today saying that if you want to invest money on Bitcoin it’s best to invest any amount you can afford to lose. So if you’re going to do that with your pension, I suggest that you so so with just a percentage of your pension that you can afford to count as loss and forget about it in case anything happens.
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Banks are nervous because they lose market and are always looking to participate to achieve their intermediation in the market and achieve their share.
Big banks think that if people withdraw their money with this ratio, their banks will get empty one day and this is the main reason for their nervousness. To look this, banks will also trade in bitcoin and other crypto in the future for their survival otherwise they will have to face big deficits. When they have fewer deposits, their profits will reduce and this is of course nervesable and they should think about it.
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Purely guess work right now, but longer term since the current wedge is more bullish than the descending line of the big crash, I think we could see another more bullish shift in the next two months as the wedge closes. Maybe another several-month long trend will begin shortly that is a bit bullish and takes us to $12k or so by end of summer, with a support line at $11k by end of summer. 2nd June has passed and the downstream is still there. Some people say nonsense about the future of bitcoin because they have no study of market and have no idea about the coming situation. Bitcoin is not hold by someone who says that the price will be this till that particular date. It totally depends upon the investment of the people and nothing else.
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It will never stop cause almost everyday the topic is why bitcoin down ,why dumping and panic selling again. We should create a good move to market bitcoin to every person who does not know it.
The price of Bitcoin is not dropping but stable between 8k dollar and 7k dollar. Sometimes the price falls at 7k dollar ad sometimes achieve any value between 7k and 8k dollar value. The market will soon shift into a green market as a huge traffic is observed on the market and this is because people want to get benefit of this low market where coins are achievable with low price.
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It would have been awesome though, nevertheless we should note that governments are always intrusive. They'll still find ways of taxing should BTC become the sole currency globally. They'll find a way of getting something from citizens so far as there is the presence of a currency, whether fiat or crypto. I think this has started already, they are finding ways of taxing crypto
Government will never stop being intrusive and as long as the space keeps doing well without them getting any benefit from it or pretty much affecting the economy as a whole, then a lot of things will start coming up with hard measures against the space. As you have mentioned, taxation by then would have become a normal thing which everyone would have gotten used to and the FUD we keep having now would have subsided and by then, I can imagine what the value of bitcoin would be like.
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I should stop when my money runs out. but I just want the victory to come to seize the defeat yesterday. quite difficult to stop. the only thing that is most effective is to get away from a gambling environment, and focus on work.
Have a target lose or win, make it we have a limit to know it is time to stop on gambling If do not have a target in gambling, We can't manage of money and time. I stop gambling when I win a lot of money because I know that if I continue I will lose not only the winning but also my own money. Therefore it is best to quit gambling atone when you realize that now you have made handsome money. There are other days to come. You can gamble more on other day but don’t continue on the same day. Winning a lot of money should not even be the only criteria to gambling, and in fact the best criterion is when you have lost your entire limit which you must always set for yourself. Gambling is not a way to make money, it is more like a way to waste money catching some fun and you want to be able to control and set limit for yourself when catching such fun. For instance you cannot go pay for a movie and sit in the cinema all the day or keep paying to watch movie all day, may be people should start seeing casino like going to the movies but in this aspect, you are playing some game of luck. I think thinking of winning a lot of money should never be the thinking of any gambler who loves to play gambling because when he will have this type of thinking, he will forget that whether gambling will be good for him or not and thinking it a good thing, he would definitely cross all of his limits that he would have once set for himself in gambling and at last would suffer from the consequences of gambling. When someone gets interested in gambling, then we shouldn’t be considering this as part of earning source. Gambling can never ever be a source of money and we all need this to be understood very concretely. So don’t just come here for earning purposes and even for fun or entertainment as well because this is nothing but a source of wasting your money. Leave it.
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I can live without gambling forever because i am not a gambler.I have heared a lot about people losing their properties because of gambling addiction.
This is better decision at your part because people don’t know where they are just going. It is quite amazing to see people now telling about gambling that this is a source of destruction for you. It is really detrimental to everyone and we have to keep distance from it. Before it takes your life and whatever you have with you, you must not getting closer to it. And like you, leave this.
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Even if you give so big details,the gambler will always play gambling until he is not finish his bankroll. So in simple words everyone know about it even then they gamble
i agree with you buddy nobody can stop playing the gambler in the gambling site, playing gambling is part of the life of the gambler specially the addicting in gambling or those people playing gambling are the source of income. I did became addicted once on gambling but I did not really think of making Gambling my source of income, I am just happy gambling and winning even though it rarely happens. If they think that Gambling is a good source of income, I guess they need to think again. Risking your money everytime is not a good thing, it is normal to risk our money since there are a lot of types of investment but I can't call gambling as an investment unless you will be starting yourself as an owner or investor of a casino. You don’t consider gambling as an income source. That is smart nut even smarter will be that you stay away from playing this game because a lost game means some money gone. Why would anyone want that to happen to his hard earned money? I also appreciate that you enjoy betting and do not frustrate yourself with defeats. As an honest reader of your comment, is would suggest you to give up on this game. I do this again that as an honest reader of this comment, I would suggest you to give up on this thing. Really this game is just a source of destruction for you. You can never ever make your life up. Everything that a gambling has, you might be affected badly with that. So why to go in there when you already know that this game can be of great and great torture to your life and wealth.
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I will invest in BTC. The price of BTC is higher than that of ETH, so I can get more money.
If you can afford to invest in bitcoins and you think this price range is suitable with your earning source, then go for bitcoins. There is nothing better than these bitcoins. You can earn from them as much as you can just make smart moves and be patient while dealing in trading and investing. But eth is good too. If you don’t have music bigger money to afford bitcoins, you can go for eth as well.
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I think that all investing in the hope of rapid growth is not the best strategy. Everything else depends on the type of gambling, you need to be able to think and not make decisions with your feelings. The poker game, and successful players clearly reflects my approach to gambling.
Gambling is a very bad addiction and that the ones who are used to it invest all their money even if they make that investment in installments. They cannot stop themselves from gambling until and unless all their money is wasted in gambling as they are very much fond of doing so and that they keep on going for the ways using which they can get more money so that they can gamble even if this results in loss. Gambling actually becomes an addiction for those who allow it to become an addiction for them. The thing with gambling is that if you cannot control yourself, the greedy nature of humans and those impulses that comes with gambling, there is absolutely no way anyone can do right. Once people start seeing gambling as just a game of luck and there is a huge chance that they can lose what they are gambling with, I guess we would end up having more sane gamblers than insane ones.
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But some peoples still have an concept if bitcoin will be always going up. They just looking from developing of Bitcoin, when Bitcoin increased untill more than $20K. And I have seen many article about Bitcoin prediction, and the prediction also says Bitcoin will be always going up. At this side, many people says if Bitcoin is good for our future, Recommended, Useful and etc
But after this situation, when Bitcoin price dropped so far. Many people says if Bitcoin Bad, Illegal, isn't worth anymore and etc.
I think they should be built their loyalty with Bitcoin. I hope they will learn more about the situation like at this time. Because so many thing will be influence Crypto price and we never know how it later.
It's just the reality once you had a good run, you must expect for a downfall and we need to prepare that downfall as to secure our funds or stay relax and wait for the recovery. Investing in bitcoin is not easy as they think, there is no guarantee that you can get profits. You need to stay patient in every situation and don't get affected by FUD. It is now a perception and people have come out from this perception, now they are thinking productively and caste right opportunities in order to take care of everything comes in their way. In the light of market rules and principles they work as it as according to the market guidance. It is not necessary you loss before your gain and now is just a perception and people are now taking care of everything relatively.
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Following the basic instruction: buy low sell high. It is always a correct advice for all trader. However, things are getting difficult day by day because there are many people on the market. it is hard to predict everyone mind and make a good move when trading. HOwever, I will do my best to earn money for my family
We can't definitely predict the price but with good analytical skills you can gather some points of view that can create a good idea for your possible move of course bearing with your own precautions and back up plans in case your predictions doesn't match to what happens. In that you can avoid panicking because once it goes you can start right away with your back up plan. Trading with daily products is easy and also trading with crypto coins are very easy if you enough knowledge of it and you know about the trends and changing faces in the market. Once you know of these changing faces then you will have grasp over the trading and investing for long term. When you enter the market your skills are more polishing with the passage of time. It is up to the quality of coin you are holding and need just the timing of casting the opportunity, if you caste the opportunity by right time then you will get benefit of it and if not then you will get unstable. Let’s suppose a person buy at low market then placing the coin in exchange will provide a path for you to sell the coins and you sell it will give you profit. If you are holding the coins for long term then keep the coins in your wallet.
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Buy and hold? Cryptodabbler? Day-to-day trading? Big bets enough to play the market? Other? specify. Please provide a quick explanation of the choicie of your strategy. To participate in an on going research and get the final report, follow this link : https://mourad1bm.typeform.com/to/wvQQyZParticipants will be rewarded by free 200$ credits to test the beta version of our upcoming product. I just have a very simple strategy that is buying low and selling high. I do not like long-term investment because the Crypto market always does not feel safe for me. Many people say that Crypto's future is very good but until now I still do not believe it. Because it has so many other large corporations do not cooperate and trust, so I do not trust it. I only deal small and earn some money. My strategy in this current market is to invest more and more because the current market is down and of low value that is very easy to achieve and is affordable as the market value if low. I will buy the valuable coins and working for it to make the dream come true and at the end as well as the market will soon shift and in am sure about its progress these days the demand is going high that will soon lead me towards better market and will make my trading and long term investment successful.
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You are basically wrong, I don't know when you last checked but some of the exchanges has been regulated especially the once operating in countries such as Japan, Korea, U.S.A., and Thailand. This countries early on identified that ICOs can be a cause for a big scam and with this emerging market a lot of people could lose their money, that is why as of right now they have some various screening process as well as types of cryptocurrencies entering their market is being done right now. However fixing this globally could take a while.
If regulations are taking place in these countries, that means they can trace all the transactions. This is painful as holders cannot enjoy anonymity this way but again if it was true or you can say is have a question that under such circumstances, it is not possible for anyone to use BTC or any digital currency in criminal activities. However, this is not the case. People are not being caught for misusing them.
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We hear in the news that many people in countries that have currency issues are starting to trade in BTC - for example, Venezula.
My friend asked me what about in regions where they lose electricity, how would they trade with BTC?
For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity. A lot of people need to buy food and even fresh water.
Is there a way to still trade with BTC in such situations?
Can P2P trade still occur despite having any connection to the greater block-chain network? Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.
I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations. I assume that data would have to be relayed to a tower/dish before it's sent to satellites. Am I correct?
Satellite internet + good solar battery for charging. This is the perfect kit for any natural disaster. Although it is expensive, and people in poor countries can not afford to buy it. There are so much different technological elements like them who you are just shared with us here, but the problem is affordability. In developing countries and even developed countries, majority of the people can’t just afford to buy such elements of fantasist. This just comes over the line of affordability to them else this is amazing for trading or dealing with bitcoins if no electricity.
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Now I can stay without gambling as long as I want. I have a job now which can help me to forget gambling and fortunately, most of my friends aren't gamblers.
It’s very hard to stop gambling especially when most of your peers are gamblers and what I have realized is that those without jobs are the ones who are mostly gambling because they want money to do other things but once they get jobs they somehow stop gambling. While you are not gambling around with your friends is believe you must have fun at those times too. Definitely, if gambling was the only source of entertainment, you would not have taken long breaks in between. You also set a good example for fun seekers. Some people claim that they enjoy this game a lot and feel relief in doing so but I think that all those who are really into this game, are after money.
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