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Btctalk name: Twentyonepaylots
Rank: Full member
Current post count: 260+1
BTC Address: 3PkNQTvpuP9BNpyzQ5zRyVrPGq6ZvQAdqp
Wear appropriate signature: yes
Wear avatar: yes
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Well as long as the internet is alive then bitcoin will still live, but that is not the only factors that may affect the existence of bitcoin. The other factors may be the demand for it, if the demand for bitcoin suddenly crashes and thr market also crashes as well the value of bitcoin may also crash affecting its flow and worst case scenario may also lead to the demonetization of it.
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Am i accepted, thank you for the response
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I have updated my informations, plss accept me
Thank you
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Btctalk name: Twentyonepaylots
Rank: Full Member
Current post count: 277 ( including this)
BTC Address: 3PkNQTvpuP9BNpyzQ5zRyVrPGq6ZvQAdqp
Wear appropriate signature: yes
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As long as the internet is up and running, and as long as people invest in bitcoin, bitcoin will survive and its price will continue to go up, but if the demand for bitcoin suddenly goes down the it might threaten the lifespan of bitcoin.
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In the first one fourths of the year now is a bit low than last year, cause i remember last year, the price of bitcoin in the first months was skyrocketing then took a big dip during summer bit it easily came back up within the next 4 weeks, but this year the price has been especially low and there is no sign of coming back up again until march.
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I think it is better to hold your bitcoins rather than selling them, because the profit you will have in holding your coins will surely be large rather than selling it for a small price, and holding your coins raises tha chance of the coins to reach their peak value and you will become an instant millionaire or even a billinoaire.
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I think they will not do that because even if bitcoin gets too popular, fiat money will never obsolete because fiat money is more secure and tangible than bitcoin and besides having fiat money in your coubtry is like having your own identity as a countrt so, banks will never go out of business and they will always stay the same.
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If the price of bitcoins begins to drop and crashes, and there is no sign of bitcoin bouncing back from its current state, then i think it is time to sell all of our coins, before the price of bitcoin completely diminishes.
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well it is not impossible for that to happen, but i think it will take a lot of years for them to reach the level of bitcoin, because bitcoin is the most well established coin out there, so beating bitcoin is like trying to find a needle in a haystack, it is super hard.
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I think its better to have a long term investment than having a short term investment, because having a long term investment is like investing for your future and the future of your children, and having your investment go in the long run means there is a high chance of having much more profit than short term investments.
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I think no one will find them because, the lost bitcoins are stuck in wallets that the owners forgot the password, and cracking those passwords will take immense amount of skill effort and time, a true prodigy in technology might solve it but as of now no one is capable of doing that.
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Of course, bitcoin still exist in the philippines, but the state of bitcoin here in the philippines is still undecided, there have been no laws passed for bitcoin in the philippines so the use of bitcoin here in the philippines is quite limited and sometimes it is prohibited.
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The main reason why hackers can tap in your MyEtherwallet wallet, is because this wallet is website based and website based wallets are easy prey for hackers due to its non secure nature. And to prevent this kind of actions you should always checkbthe connection you are using, always check for the secure sign on the search bar to indicate that the connection you are using is really secure.
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It depends on your budget actually, if you are a little low on budget for investing in bitcoin, then the best way is to buy altcoins and trade them for the best price, but if you have the budget to invest in bitcoin then you should go for it, because that is the best way of investment.
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Then we would be stuck in using just fiat monet for our everyday lives, nothing much will happen because without bitcoin our world is still progressing in its own way. So we should be just fine without bitcoin.
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