Price of bitcoin have never been stable, but it never made it unpopular. And overall the tendency of bitcoin price is still growth
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All those restrictions all over the world and now Facebook new policy seems like worldwide campaign against crypto, it is way to decrease price artificially :/
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very difficult, you should see crypto market, but usually I see, if bitcoin down, also ETH will go down, even all altcoin down. I suggest that you better increase your investment. if you already have investments in bitcoin, then you can also invest in ETH or in other altcoins that have good growth. and it will make you have big advantage for the long term.
I am not sure you should change bitcoin to other coin, all other coins are also falling, especially ripple, its statistics is worrying me.
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If you're new to investing in cryptos, youre probably shitting your pants right now.
But heres the thing:
Market dips like this are nothing new. In fact, when veteran investors see dips like this one, which is due to yet another country regulating cryptos (and the exposing of Tether as the scam that everyone already knew it was), we get giddy with excitement...
Another chance to buy good coins for cheap!
You see, weve seen the market do worse. In the long run, when you look back on the charts spanning years, dips like this you wont even be able to find. And the truth is, regulation will be good long term because it legitimizes the market
Crypto is a very new market. New markets have tremendous volatility. The best way to lose money is to sell off during these dips. Holding on is the only profitable way through. Because in a few weeks, or a month or so, the market will come back and soar again. Blockchain isnt going anywhere.
So stick it out, research good coins to buy and buy them now. Youll be very happy you did.
Yes I agree, sometimes we afraid to invest in something risky, and then regret, why we missed the chance.
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Bitcoin is already promoted, we just need real assessment of situation, and elimination of the panic syndrome.
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I think that anonymity is not needed for us, simple users, traders and holders. With anonymity criminal organizations can receive payments for drugs for example.
Yes you are right that regular crypto society does not need the anonymity, but I am sure holders of the main part of bitcoins are rich people, with influence and they need anonymity, for different purposes, some of them are legal and some are not. And we should admit that anonymity is the main advantage of bitcoin.
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It is interesting when this restriction will start and what is the reasoning?
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We discussed this issue in different topics the summery is that some countries are not able to support crypto, there economic is not ready for this.
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Maybe they see some related risks. Some ICOs are tricky and include a lot of risks. Besides, It is not very good for state economics, it can threaten people and increase value of money laundering.
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It is impossible to make predictions related to bitcoin, and I cannot say that we have crash of bitcoin now, I think we just have after boom stagnation. That's it.
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Gold will always be asset with its own value, oil cannot replace gold, and the gold cannot replace oil, and bitcoin is modern asset, digital one, so it is independent and replacing of the gold is not the aim and concept.
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China is one of the biggest country, and one of the biggest player on the crypto market, most mining farms and exchanges where operating there, so of course any regulation, restriction or liberalization of bitcoin by china will have affect on price.
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Nothing too bad will happen. Banks technology also fail at times, if bitcoin technology fails today it will only slow down and deprive people from doing business with it for a while.
Yes, but it should be mentioned that bank operations are regulated by laws of governments, bitcoin system is not regulated in most countries, so there are some edditional risks. But the system was tested for sure, so it will be difficult to lead it to failure.
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Some people say bitcoin is like a bubble and it will burst one day. Now current situation we can say its price is going down and down. Is it true that bitcoin is like a bubble ?
No it is not like a bubble it is like assets, and price frustration is normal for any asset. There were a lot of examples in history, when price of gold, oil and etc was going down or was growing, same is for bitcoin.
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I am a U.S.-based psychiatrist who just started accepting cryptocurrency in my multi-state direct-to-consumer telepsychiatry practice. I decided to accept crypto mainly due to its lower processing fees compared to credit cards. Joinwell.io sounds like an interesting, innovative concept in global healthcare .However, medical licensing and malpractice risk management issues could be challenging especially for US-based providers that are trained to be cautious in this litigious environment.
Josefina Sta Romana, MD
Very good idea, i hope in nearest future more places providing service will take crypto as a form of payment.
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For profit and benefit, i think this is same for everyone involved in crypto industry.
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Okay...so I have a funny Bitcoin story for you which I heard from a friend.
A middle-aged couple bought 1 BTC for a 1000 USD recently. They were happy beyond what can be described in words at the good deal they had got. So they got in touch with my friend to ask him about how they could sell it. He sent them the links to various medium articles and blogposts on how to buy and sell bitcoin. The couple got in touch with him again and told him that they had failed to sell the bitcoin. So my friend went and met them. They then "showed" him their bitcoin. It was a plastic coin with the Bitcoin symbol on it!
So conclusion, educated yourself before investment
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A man walks in to a bank and asks if he can convert his dollars to bitcoin.
His account is frozen and he is reported as a possible terrorist to the FBI.
It is not joke it is drama
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