I don't think this is going to happen, Bitcoin will not reach 20000$ again this year. Many are expecting the same price scenario from the end of the last year but having in mind current movements on the market this is not very likely to happen. Still I expect slight rise of the price until the end of the year so we might come to 9000$.
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Of course you can. One of the main rules to make profit is to buy low and sell high. So, when the market is down is the right time to buy more coins to get prepared for the period when the price will be on the rise again. That depends how long can you wait and on how big profit you count on. Anyway, volatility brings you profit, don't forget that.
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How relevant is Samsung to make such claims? They also say their mobile phones are the best but to my opinion they are not, for quite some time now. Still I think that mobile wallets could be rather safe for keeping coins. In general everything depends how caucious you are, how to you keep your phone safe and secure, are you using mobile antimalware, do you have some tools to protect your phone in case of theft or when being lost. There are many factors that influence security of coins on your mobile.
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The price might rise at the end of the year but don't expect the same scenario like last year, to my opinion price will not go that high. It seams like many users are disappointed with development of price in this year so they are expecting much from the end of this or next one. But if the price reaches 9000$ at the end of this year, this will be big progress.
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Cryptocurrencies will not become mainstream. Actualy I think their purpose is to be alternative and opposite concept that we have with fiat money. That doesn't mean they don't have future and that they will not be accepted and more involved in business and economy but they will not become mainstream as traditional currencies we know. And to my opinion this is good.
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Bitcoin can't control world economy, this is an illusion. The number of coins is limited, it's not legaly regulated in majority of countries and it's not designed to be mainstream currency. Traditional economy is based on completely different principles compared to Bitcoin and no government or country would give up their own national currency.
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No, fiat currencies will not disappear. That wasn't even the idea of crypto concept. They are here to be a kind of alternative to fiat currencies and some other option available based on a different technology. But no country will give up their national currency and besides cryptocurrency can't be mainstream and serve as a pillar in economies for many different reasons.
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Well, I have to say that wasn't the smartest decision you could have made. No matter if you could afforded to buy Bitcoins at such large price and that some have predicted the price will go all the way to 50000$ that wasn't realistic. But what us done is done and there is no use in regret. The worse thing to do is to sell at low price. I just hope that you don't need the money you have invested so that you can wait for price to revover. Or maybe you can trade to try to recover at least one part of lost funds.
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This is not about Google being friendly to Bitcoin and cryptocurrencies or not. It's about that Google is trying to protect its business interest and the users. We are all aware that cloud mining is a scam, at least I don't know any such service that is legit and Google simply doesn't want to be involved with something like this or to turn out that he supports some shady business. Also, it's possible that someone's phone is misused for mining with mining malwares that are becoming very popular and Google doesn't want to have anything with such possibility. So, I support this decision.
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https://upaycard.com/index.html they accept crypto.You can get virtual and plastic MC check before because Brexit is changing everything.Verification takes 24 hours Is this trusted? I'm okay with KYC but i don't want some random people get my personal information and then do something illegal with it. Yes it is.They are long time on market.But check everything like i have wrote Brexit change many things Not just because of Brexit but because many card providers change their terms very often and sometimes even without any annoucement. Similar has happened to my recently with Wirex. It's hard to find reliable card provider with fair terms and despite demand there are just few of them and no new appearing on horizont. It's such a shame.
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I think they will approve it at the end. At the time they may have some doubts and probably they can't find the joint attitude that is the reason why it takes so long. Still I'm expecting good news and hope the good influence on Bitcoin. But if opposite happens and they don't approve it this will not be the end of the world, although this might influence Bitcoin on negative way, at least temporary. Still we have plenty of time afterwards to make things right.
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I don't see why this would be so bad news. Also, I don't know where this speculation came from that the price will rise in August, such things can't be predicted for sure. Besides, this August hasn't brought us anything special regarding the price, not in good or in bad sense. And those who have decided to hold Bitcoin on long term they will continue to do so and they are very well aware that Bitcoin is the most profitable on long term.
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So obviously there's manipulation from behind. And I was quite surprise to see the price spike to $6700 now and I wonder what's the reason. We have been trading sideways for the last couple of weeks and I thought that this is a break out run. . For sure day traders have taken advantage of the situation, but I wouldn't be surprise if the price goes to $6400-$6500 again because this is just artificial pump. Currently the price is around 6600$ so slight downfall is visible. But I haven't expected that the price will remain at 6900$ or even go higher. It was quite obvious that this was just temporary increase that will not last. But let's see how the situation will develope in the upcoming period.
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actually bitcoin cannot and will never be able to be circulated by regulations in every country, this bitcoin movement should be free purely from the influence of buyers and sellers, so this regulation is not needed in some countries that are already aware of blockchain technology and this bitcoin currency.
I can't agree with that. Regulation is not about centralization or control but about legal regulation in sense of legal and illegal and to give users some kind of security. To my opinion this is the main point and that is not bad. Try to see some positive aspects that are for good of all of us.
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This is something that I've spoted a long time ago. Majority of new users are only interested in profit, there are no enthusiasts anymore and those who are interested in Bitcoin as a concept, way of life and new technology, they don't even try to get some substantial knowledge about cryptocurrencies. But I guess this is the trend now but since profit doesn't come out of blue and you have to work hard for it such attitude should change.
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We have seen many such predictions and scenarios so far, dramatic announcements every time when the market is down. But which of them has actualy came true? I don't see any purpose of it then to.spread the panic and bad mood among the users but I don't bother myself with predictions at all.
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I have a long term experience with Bitcoin and I can tell that anything is possible. The market will recover and the price will go up but it's hard to tell when and how much. To my opinion the price will stay in current stage for a while and some rise we could expect by the end of the year. But I don't think that price will exceed 9000$ this year.
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I think the market will recover and now it's good time to start trading and to get prepared for further profit. The problem is if you don't have enough patience or can't control your emotions. Wanting too much too fast often leads to failure, don't forget that. So, engage all your skills and knowledge, develope some short term and long term strategy and move on.
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If these fugures are correct then this sounds excellent. Still you have to have in mind that this is just the number of open accounts, not actual users, so these two numbers might vary. Also, not of all these open accounts will be actualy used. Another thing is that both Blockchain and Coinbase are making the promotion of their business and services so take this statistics with some reserve.
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He is just trying to find the way to promote himself, nothing else. This is just pure guessing without any solid information or grounded theory. He is not the first or the last one to say something like this but why giving to such statements any importance at all. Just because he' s former PayPal CEO? That doesn't mean anything and it's not giving him any credibility . So, just forget about it.
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