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Of course very risky. Do not exchange all your money with bitcoin, at least you set aside the money you have for the necessities of life and more. So if at any time bitcoin prices go down, you do not lose much.
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My biggest regret is when I got introduced to this back in 2012, I tried to buy £200 worth, the platform was down and I never bothered, just recently woke up to it again at over £4k per coin, it is a physiological thing where I don't want to buy at that price.
My regret for bitcoin is I was late joining bitcoin. If I join in bitcoin because I know a bit from the beginning, at this point I will definitely have a lot of bitcoin. If regret comes from the beginning, it will not be fun. |
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Because some bitcoin owners like me can not spend the least in all stores, sometimes have to exchange bitcoins with dollars in order to shop at stores that do not accept bitcoin. All that would not happen if all the stores, all the fields that receive bitcoin as payment.
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The advantages and disadvantages of the bitcoin depends on where we live (the country) we live in. Since there are several countries that support and legalize bitcoin, it certainly makes bitcoin has more dominant advantages. So the shortcomings and the advantages of bitcoin vary in each region.
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Which one suits you the most?
I immediately used 2 wallets, namely Blockchain and Luno. But I mostly use Luno Wallet rather than Blockchain because its features better suit my needs, such as the bitcoin exchange feature with my country's currency. |
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What do you guys think about this?
No association. No formality. No governing body. No central control. It all would go against the foundation tenets of Bitcoin. The trade off for that freedom is that there is no single message to refute the FUD or bad press. That's OK. It's the individual adoption of each us that stands up against the negative press. Our individual action gives the community strength. Yes I strongly agree with your argument that bitcoin does not require association No formalities No government agency. There is no central control. Everything will go against the basic tenets of Bitcoin. Because if bitcoin has association and formality with government, it will destroy the bitcoin ideology, there will be no more anonymous, privacy, decentralized. |
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Obviously very capable. There is no security in a world that is completely safe. All can definitely be hacked with no exception bitcoin. Especially if you do not store the wallet address correctly, the potential hack will be very large.
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Because some countries that ban bitcoin assume that bitcoin can impose their country's money value, do not believe in bitcoin technology. That's just an example of a small reason.
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It is great for users and bitcoin owners who want to go to school whose fees can be paid using bitcoin.
Obviously with school payments using bitcoin will improve the image of contaminated bitcoin due to misuse of its use.
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Bitcoin has not been fully used as a transaction tool, it still needs refinement. Especially if living in a country that has not legalized bitcoin, tastes like vegetables without salt, high value but can not be used in my own country except with online purchases.
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Bitcoin will become mainstream among the public if their country legalizes, contains transaction-related regulations using bitcoin, supports bitcoin in building bitcoin redeployment facilities in public areas.
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I adopt the use of bitcoin because I am interested in the technology it has. I really like peer to peer, crypto, security. Besides, I'm tired of using credit and debit cards.
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You can spend your bitcoin at online stores that receive bitcoin, you can also come directly to his shop. You can also subscribe to a VPN using bitcoin.
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Only God knows. To answer this question is very difficult, it is necessary to conduct a research on the missing bitcoin. But to do a research is not easy, because it requires accurate data, it takes a long time to
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I think the possibility of bitcoin ends does not exist, because the current development of bitcoin is good and stable. No, it's not too late to invest it in bitcoin. Bitcoin definitely decreases, but not much, bitcoin tends to be stable.
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I think that's hard, because bitcoin is now a digital currency that provides better security and service than other digital currencies. And the current bitcoin value is higher than the others.
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I think not everyone should invest in bitcoin, but if you want a promising and profitable investment then invest in bitcoin. I'm sure it would not hurt if investing in bitcoin, people just need the intelligence to get a lot of profit.
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Let's invest in bitcoin, because it's a good move to make a profit. Today bitcoin is very popular and widely used people who want practicality, security and freedom.
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In my personal opinion bitcoin is safer than other digital currencies, because bitcoins have encryption and complicated algorithms for hackers break into. But if you do not believe it, you can take precautions by jim haphazardly visiting the site of suspicious digital currency.
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
I would be casual to him, because people who hate bitcoin are unlikely to know about the benefits of having bitcoin. They've been fooled by media that mostly hates bitcoin. But if the person is my own brother then I will awaken them not to hate bitcoin. |
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