first time i know bitcoin prices. the price is still cheap gan. almost USD 50 millions. after that the price rose so dratis make me become bitcoin lovers. even almost 90% of my daily needs are joined To bitcon .
I get to know bitcoin maybe 6months already and attracted to it because the price of the bitcoin amazed me, it pumps at $500k plus and i pushed my self to learn more about bitcoin and until now I'm still learning here in crypto currency world. |
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Bitcoin can never end any government neither is the goal. Why???. We the people are government. Bitcoin was created to empower the people, i.e government by decentralizing power, giving power and control back to the people from the bereaucrates.
I think bitcoin's goal is to be decentralized, and I don't think it is developed to end the governments. Without the government, there will be no way to maintain order and to impose justice. |
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I cash out my bitcoin thru cebuana its is a pawnshop and coins.ph is welcome to them and also because itis very near to my house.But in Cebuana there is a charge in every transaction but small amount only.But in my country you can cashout in bank.
we can easily convert btc into fiat thru our wallet. We have a bitcoin wallet here in our country which you can use to transfer fund easily like coins.ph,there you can pay bills online and specially convert btc easily anytime, anywhere. |
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There's a high probability that government will destroy the Bitcoin. If the officials want to destroy it, they can do it because of their power and authority. On the other hand, it will not be easy to destroy Bitcoin.
I think the only thing that can destroy bitcoin is the internet itself because bitcoin is nothing without the internet. Every bitcoin transaction we do needs an internet connection. |
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The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Yes it is the best part system since a lot of people and markets accepting it as a means of payment. I am hoping that in spite of this they can still secured bitcoin and as much as possible bitcoin shouldn't involve in different crimes so that there would be no reason to banned it. Yes, bitcoin is a better payment transactions, It will minimize the time, effort and transaction fees than doing transaction in the bank. |
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Bitcoin will go further into the future and because internet is now a daily needs then bitcoin will continue to exist and the price will go higher and higher everyday, maybe a million dollar at that time.
Yes for me there is no doubt that the price of bitcoin will go up, it will become better and will improve per months that you hold it. But the decision is completely yours, you need to make sure that you won't regret anything in your life. |
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Bitcoin is not illegal, it is used by people who engage in illegal activity to buy and sell drugs or what so ever because they know that when they used bitcoin for their illegal action that they can't be trace.
Yes for me bitcoin is not a problem, people already know that not only bitcoin can be used for illegal activity, its that some people use bitcoin to scam others but this will not affect people's thinking about bitcoin, because most of the people who are attracted to bitcoin tend to think about the benefits that bitcoin can bring to them. |
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I never panicked, this is normal behavior for bitcoin every year. So, just hold and wait the better time)
We don't need to panic, if the value goes down its our chance to buy a large amount of bitcoin then hold again for another turn of the price to rise again. So there is nothing to worry, we just need to be smart sometimes. |
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I think japan is the bitcoin friendly because of bitcoin culture and adoption of bitcoin is really good the government support bitcoin also and every store accept bitcoin as payment method.
there are big countries like germany, and japan. maybe you can search in google there are many references you can get there about this forum too. |
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of course it is legal it's just a lot of people who say illegal because many used to put the proceeds of crime into the bitcoin is actually legal and trusted that bitcoin.
Bitcoin worldwide is legal. I think its just exagerated to use Bitcoin in illegal transactions. Criminals are trying every possible way to commit a crime and they use bitcoin to victimize others. Many countries are not declaring Bitcoin as legal because of it's decentralized nature, no government or bank is able to track the Bitcoin transactions which make this transactions anonymous. and because of this many people use Bitcoin for illegal dealings such as drug dealing or ammunition dealing. Bitcoin is not able to gain the amount of trust fiat has that's why its still illegal in many countries. |
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I on the contrary expect even greater price reduction because if it happens so nicely and bitcoin drops to $ 40,000 then I will actively purchase it, it's a good time to take.
It sure seems really that we are not out of this downtrend at all and the bears still have a huge upper hand in the market. However, we cannot say exactly what will happen next since we have seen scenarios where things can change pretty fast and with that we are only left with trying to analyze the market from there onward to know how things would end up turning out. Any investor that gets frightened is not really supposed to be considered an investor that knows what he is doing if he really did do some assignment on his investment. Well, it is all hope and we cannot really say how it turns out exactly. The thing is no one should be expecting so much this year except for trying to accumulate as much as they can. We were in a downtrend and we are now into recovery phase, we really do not expect to just start seeing a huge bull run immediately as the market will still have to go through some process of consolidation for a while. It is good for me anyway except for those who are just looking for the quick profit which puts them in a bad position based on their mentality. Exactly no one know about the future that what is going to happen but atlas the only thing that we can do is SAVING, I think it is the right time to save something for your bad days because the price is not very high but gradually it is getting high and out of reach. Nothing happens within days but it take time to see your money growing, so buy right now and then store for the long time, I am very happy with my bitcoin and I want to see my earning growing more and more. Yes correct, no one really can predict what will happen next in the coming months for bitcoin, but we can all do is to use smartly whatever coins we have and save it as much as possible to sell later when the price become high. |
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I love to tell my friends about cryptocurrency, and they also like to listen to stories about it. Thus, two of my friends have already bought bitcoin and a few more at the decision-making stage.
What I do is I just show to my friends my bitcoin account and if they get interested and ask about what is it, then I will start to share about my knowledge in bitcoin and tell them how do I earn money from here. |
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Thanks for the very helpful suggestion, I will study your post in investing, I will try long term investment by holding bitcoin to high price and partly I try to trade.
I agree that investing in bitcoin is not that easy. you need to have your own strategy and have a knowledge about bitcoin. Its not easy doing trading here, all must learn to be able to earn. |
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In my opinion, bitcoin can never replace gold because gold has existed and known since antiquity until now. Therefore, we don't need to compare it because, both can work side by side covering different areas of the global economy. It would be very hard to see bitcoin surpassing gold. Gold will remain gold and bitcoin will remain bitcoin.
For me. gold is gold, ang bitcoin is bitcoin, they cannot be replaced with each other, they both have their own used and they both have their own characteristics to be used. |
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I would agree if the child is only told what is bitcoin but do not stress the child to cryptocurrency first he wants to have fun with his gadget and his friend this job takes a lot of time and thoughts to make money. he needs to play.
when my child is ready and able to learn what really bitcoin can bring to him, then that is the time that I will teach him to use bitcoin and start earning from here. |
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I think you should not sell your home to invest in BTC. They are very risky. Perhaps we should only use the idle capital to invest in them. Do not take such a risky action. Let's join the bonus program to get the initial capital.
I'm not gonna do that, selling my house for bitcoin?? I think its not worth it, make an investment here is ok but not to the point that I am going to sell my property to invest here. I will earn money from bitcoin by not selling any. |
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Guys, I think in future bitcoin will fell down and Instead of old blockchain technologies will come new and more large-scale projects. Bitcoin It is just the beginning.
With the current market situation, Bitcoin is the most significant currency and the most advanced platform in comparison with other currencies, it can be said that Bitcoin is the currency most attracted investors because this currency has created so many wealthy people. those who are saying that there is not future in bitcoin is just telling a Lie, why? because why do they still using bitcoin if they think there is not future here? they are just bluffing people so they can be ahead of them |
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For me as of today people treats bitcoin more of an asset rather than currency. Due to the fact that most if not all of the people who has bitcoin is not usually using it in exchange of goods and services they wanted to procure and the reason is obvious there is not much of a stoe or shop that readily accepts bitcoin as payment yet. You still have to convert it back to fiat before you can purchase something.
Bitcoin is purely a digital currency, it only became an asset to others when they put investment on it, big amount of investment and thats the time they treat bitcoin as an asset. |
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Right now I'm waiting for bitcoin at the number I want, but what if I do not wait maybe I have a big loss because the bitcoin is currently down so I have to wait patiently to get the benefit.
Sometimes I also feel that feeling of tired in waiting for the bitcoin price to go up, but what I always read in other posts that we just need to be patient and need to know how to wait so that we can achieve what we want. |
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Just wait for the price to go up and then you sell, if you cannot wait and really need the money, do not sell all and just sell some portion of it and then the others when the price is already up.
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