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Using one currency will not solve corruption in fact it will cause more corruption, Anarchy and chaos. the poor will be poorer and the rich will be richer. by the way every nation have constitution that guide and protect the nation. unitary currency will cause trade imbalance and many company will be affected people will loss job and crime rate will increase. migration policy will also be affected. having one currency is practically a bad idea
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Investing in ICO does not guarantee that you make Consistent income. It now left for you to do your own research well. Always make sure you invest in ICO you clearly understand what they intend to offer. Unfortunately so many ICO nowadays always set unrealistic goals and b The time they realize this they run into problem and they keep on postponing the ICO. For me I like investing in ICO that already have a successful previous project and already established market.
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Well as far as I know you have been into cryptocurrency for 1 year. I am very sure during this one year you must earn little bitcoin. my question is how did you spent it?. now if you are into Gambling i will advice you to quit it as quickly as possible because you will end up losing all your little earn BTC. the easiest way to earn crypto is by joining bitcointalk. grow your account participate in bounty campaign and when you have so skills that you think it will benefit people then post your skills and services you wish to render. all this a cheap way to earn.
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you cannot eliminate bank. bank have always been and it will continue to be. the problem is the government they see potential of cryptocurrencies how this coin can revolutionize the world but they hate it. government dont like something they can not control. that is the reason why poor people will always exist because the government can make the rich poor and can also make the poor rich. with time the bank will have no option than to consider bitcoin as legal tender.
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Just like people put money into fixed deposit in bank to yield interest, bitcoin has become the new and easiest way to make passive income. take for example you bought 5 BTC in 2012 and kept it in your wallet till today. do you realize how much money you will be having today. so it is always good to save for raining days. not only bitcoin but other coin. nobody know what will happen next year, maybe ETH will be hitting 5000 USD  . if that happen then i will be millionaire |
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this depend on you. I mean how much you have but i will advice to invest what you can afford to loss. this doesnt mean you will endup loss your bitcoin but just to make sure you dont commit suicide in case something else happen. however risk is always involve in any business so you should be aware of this. Also i will suggest you wait a bit. the price is a little higher now maybe when it fall you can buy. you can make huge profit from bitcoin if you can keep it for months. with the look of things i see btc hitting 10k USD one day. any amount above 1 BTC is ok if you want to buy
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This is really hard for me to remember where i first heard about bitcoin but i remember downloading bitcoin desktop wallet back then in 2012. it was quest for looking for how to make money legitimately online that lead me to knowing bitcoin i remember from a blog that i can make money by mining a coin which can be sold. i didnt really understand how this work but i keep looking and searching for what it is until 2014 when i really know about bitcoin and dogecoin. i am still regretting not buying and keep this coin then. I never thought bitcoin will be a global currency
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Hi Strawbabies you made a mistake with my rank I am NOT Jr Member I am Member kindly correct this. No 8 on the Spreadsheet
You have not correct this mistake Strawbabies I am Member not Jr. Member |
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it so unfortunate that the way you wrap your point make the topic meaningless. first Money (either hard currency or ecurrency) cant cause corruption. corruption is the act of making someone or something morally depraved or the state of being so. in other way corruption is define as dishonest or fraudulent conduct by those in power, typically involving bribery. bitcoin can be use to settle bribery just like any other legal tender can be use to do the same but it is not ideal to think bitcoin can lead to corruption. without BTC there will still be corruption
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As for me I dont think its good to keep buying BTC now. as at today 1BTC is above 5000 USD. I think it will be wise to stop buying and allow the price to fall before starting to buy again. let hope this happen but I have seen alot of people saying it is not likely the price fall below 5000 USD anymore but whatsoever be the case you should stop buying and keep your btc save in your wallet. if the price of BTC keep rising and eventually get to 8000 USD as it is being speculated then you will be smiling to the bank.
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Day by day many people are getting to know more about bitcoin. many mall in south Africa are now considering taking bitcoin as payment processors. generally the cryptocurrency market is growing daily due to more usage. when china announce that they will be regulating the use of bitcoin it causes alot of uproar many people thinking this will kill bitcoin growth but here we are today bitcoin is still doing wonderfully well and China influence is truely insignificant any more
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Exchanging Skrill to BTC can a bit difficult especially when you are using unverified Skrill Account. many exchanger dont want to loss their skrill account because of this security issue. just recently Skrill stop accepting wire transfer from individual. you can try https://paxful.com. you will tons of buyers and sellers their but be careful make sure you are dealing with person with great trust. ID may also be required so make sure your ID card is also ready. good luck |
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In order to decide on which ico to invest in you need to do alot of background check. first on the management teams. secondly go through the whitepaper and see what exactly the project intend to work. dont be to enthuastic that you are going to make good profit from any ICO and be warned never invest more than what you can afford to loss. also you can check out maybe the project already have an established working project e.g wordcore, betstreak etc. and finally always follow them on all social site and ask questions when you have any
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Hi Strawbabies you made a mistake with my rank I am NOT Jr Member I am Member kindly correct this. No 8 on the Spreadsheet
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please update my account on the spreadsheet No:9 |
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Well for me i dont think anything can end world poverty because this is a global issue which varies from country to country however, Bitcoin as a payment processor can be use to help indigent people. many crowdfunding funding platform like gofundme do not accept donation via bitcoin due to their term and conditions but i believe donating money in form of bitcoin can help. however poverty reduction just that have said depend on government and individual. encouraging policy that will allow free access to good road, good water and social armenities.
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The Risk of holding bitcoin is that the coin price might fall and this will have effect on amount of bitcoin will hold but nobody know when and maybe this will happen because the prices keep fluntuating everyday. it may goes up today and come down tomorrow the most important thing is to make up your mind. if you keep it and the price double or tripple next year then you become very rich but if the price fall and keep falling then you already know what will happen to you. good luck
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Myetherwallet security is not that weak. the problem is that many of these black hat hackers looks for loopholes alot. some of them spend months studying ways and how to steal coin from peoples wallet however most of accounts being successfully hacked are caused by users. e.g account with passwords that have dictionary meanings. also it has been confirmed that some hacker usually have remote access to your computer when you install cracked antivirus which allow them to steal your private keys
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Nobody can really say what will happen in future. all we are giving are mere speculations based on daily cryptocurrency market. I remember in 2010 when my friend was telling me about bitcoin that it is electronic money which i can mine. i wasnt pay attention because i didnt value it. in 2013 when i had known well about ecurrencies including bitcoin i started collecting them but i later sold them. I am still regretting up to this moment that i didnt keep these coin because if I have done that i will be millionaire by now. the same thing apply to other altcoin too. you never can tell what will happen in years to comes ETH, LTC, WAVES, DASH, MONERO have great prospect
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