Bitcoin gives us an opportunity to rewrite the financial system, and the blockchain has the potential to decentralize our world. BTC already changing peoples lives.
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Japan plans to become the Bitcoin capital of the world as it continues to welcome cryptocurrency investment despite high-profile hacking attacks
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Until and unless btc attains and retains stability in both its technical and financial realms btc will remain nothing more than a speculative asset
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The main reason why gold increased in price is that people simply believe in gold. In the end, the price of an asset is what people believe it’s worth. Same for bitcoin)
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Crypto market is very volatile. The market experts are predicting that 2018 will be a good period. It's pretty risky to sell now. I'm expected to further grow to approximately $30-40,000 in the end 2018
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Also impressed control and security. Payments in Bitcoin can be made and finalized without one’s personal information being tied to the transactions. Personal information is kept hidden from prying eyes, so btc protects against identity theft.
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Bitcoin gambling bankroll investing can yield great returns, but only if the site stays up and doesn’t run away with all your bitcoins
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I don’t think banks fear cryptocurrency, they try to develop their own solutions with functionality similar with cryptocurrency. Especially banks got interested in the blockchain technology and a distributed ledger concept that lie in the heart of bitcoin
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If you want something functional and profitable at the same time - bitcoin is by fire the best choice. Because it can safely play different roles.
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Most impressive that fees are unrelated to the amount transferred, so it's possible to send 100,000 bitcoins for the same fee it costs to send 1 bitcoin.
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I love bitcoin because it's inclusive. It will remove the control and the money making from the shadow bankers behind the Federal Reserve.
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I belive this is bad idea and prefer buying a small amount of BTC each year. Bitcoin might drop 50% by tomorrow. Nobody knows if it will.
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Bitcoin would not die. It will become an important currency to allow cross-border trade amongst various facets of business society, from free-lancers getting paid, to cross-border remittance rails.
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Indian Bank BTCXIndia was the first btc exchange built in India. While following KYC and AML guidelines, and allowing instant Indian rupee deposits and withdrawals, BTCXIndia was forced to close by their bank, which no longer services btc businesses
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If any currency becomes widely adopted in the future, I think bitcoin will still have a market share. Even if it is for the sentimental reason as the first ever cyptocurrency, or the genesis of blockchain technology.
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I think the biggest disadvantages of Bitcoin is volatility. Because of many different factors, the price of btc changes daily. The factors affecting price volatility are numerous and often it is not possible to predict what will happen next.
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A paper wallet is also a relatively safe way of storing btc, although it requires a bit more advanced understanding of how digital currencies work.
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For the first time ever, anyone can send or receive any amount of money with anyone else, anywhere on the planet, conveniently and without restriction. It’s the dawn of a better, more free world.
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I would love if bitcoin was a currency, but the truth it is mainly not used as a currency to pay for goods and services, but mainly be used as an investment, and compete with other assets such as gold, government bonds, stocks and commodities.
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Bitcoin would die if trading would stop. The end of bitcoin trading meant the end of mining it would mean that all of the transactions in bitcoin had been in the forex markets: it had never used in legitimate monetary transactions.
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