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Who knows what the future holds, coins like ripple xrp are already half the way through the market cap, if they drop the number of coins it would be easy to beat the price
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Just generate a cold wallet disconnected from the internet by following the guide to make a private key securely and make a paper wallet or even a brain wallet if you are smart
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Facebook will be looking into cryptocurrencycurrency is BIG news IN MY OPINION, like imagine it’s a massive company with like a billion users at this point the outreach is going to be insane
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But always remember rule number one - risk only money you can afford to lose.
True for just about nay investment and it’s pretty solid advice too IN MY OPINION, don’t invest more than you can afford to lose, don’t invest your life saving in anything risky |
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Ignore the FUD it’s just the regular thing with these corporates who’s scared BITCOIN will eat into their hefty profits. He’s probably fomoing right now with the price rise
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I have seen many people say that Bitcoin will end governments.
But do we really want that?
And if yes how would things like infrastructure be provided without a government? (This is just an example, you can discuss any issue you see fit for this topic)
I think bitcoin will not end governments. I think bitcoin give the opportunity to people to manage their own finances without any of government interfere. we can spend or receive money without any border and without limits. the infrastructure we need is the internet, without internet, we cannot use bitcoin. if government realize that from bitcoin, people can solve the poverty and they can solve their problem in financial and people will free to use their own money. Complete freedom,and as for internet believe me so does the government as it can't function without it nowadays. BITCOININ MY OPINION isn’t that safe against government intervention as people think since you still can track it to an extent, anonymous alts like XMR are better at that |
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Because it has no tax and it's dangerouse because it has high possibility that will destroy the banks right now.
BITCOIN does have tax though? It’s harder to track but unless you only buy using cryptocurrency all day and don’t convert to fiat you WILL be taxed for using BITCOIN and that cant be changed. |
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In a way futures make it possible for interested investors to start investing in bitcoins. It may affect the volatility, but it also helps get more people into btc.
IN MY OPINION it’s better to invest directly INTO bitcoin or your choice of cryptocurrency instead of stupid futures which fall and rise like crazy. Check the market graph of some futures |
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people love to use bitcoin, because no one has control over it, no company no government.
I personally believe bitcoin, will keep growing and growing and is not going to stop anytime soon, people think bitcoin is going to burst as soon as it goes down $1000, but that's not the case. it goes up and down but at the end of the day, it keeps on going up and up.
No government having control over cryptocurrency is one of the biggest attraction of cryptocurrency cause the fiat currencies run and die on the whims and fancies of the goverments |
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Why should you not invest in bitcoins, cryptocurrencies?
Is there any valid reason to stay away from cryptocurrencies?
I think it is good to have some discussion here for our kind information.
There is no reason why you must not invest in bitcoin or in cryptocurrency. In addition to that, there is no valid why we need to stay away from cryptocurrency and do not stay away in cryptocurrency because it will help you to gain and make huge amount of profit. There’s a bunch of reason to not invest into cryptocurrency though, like illegality of it it your jurisdiction is one of the biggest reasons to not do so for starters that is IN MY OPINION |
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BITCOIN is tax-free, anonymous, and transparent. Moreover its price is rising day by day. So if you take $100 BTC from someone for some service it might inc to $125 in just a week. So it is also an investment with the mode of payment.
It seems like you confused the question. Question is not why people prefer bitcoin over cash. Whatever you count is valid for many cryptos. I guess answer is about risk taking. Alt coins has more risks at the moment. You can have 10X of your money or you can lose same amount. That would not happen bor btc. Wouldn’t that vary highly based on the altcoin in question though? Like some alt coins like ETH and LTC are stable at the moment IN MY OPINION from the charts |
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Well some government has banned bitcoins as they think bitcoins are threat to society as government can't control bitcoins because bitcoins are decentralized and bitcoins can be used for many illegal activities.And also taxing bitcoin transactions are hard for them and banking would be affected.Bitcoins prices are way too unstable too so government discourage us to invest in them.
At current, I just know the Chinese and Korean government banned ICO in these countries. About Bitcoin, I did not hear any news as ban Bitcoin in this year, can you give me the list countries banned Bitcoin? I will be happy if know it, thanks! Actually even the US government has banned ICOs for US citizens but most decentralised ICOs you can always buy using a VPN  |
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Yes,maybe soon bitcoin can make the banks dissapear,if this the legacy of digital currencey will continue to moves on,until that the time bitcoin become legal and the government make all the transaction in cryptocurrency centralized.because in digital currency you can gain a huge profit compare to the mother bank that you can earn only a penny cents to your capital,because banks is a long term investment.so mostly people will choose bitcoin investment because of its given profit compare in the banks, so that the time banks will constantly faded and totally diminished. Well banks also give some safety of money over cryptos so killing banks completely is gonna be hard, they’ll definitely coexist I’d say |
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With technology nothing is impossible. Before there are predictions that we can talk to someone with each other face to face into a screen and now we have video call. Technology is crossing the limits of what human can do but machines can do it. People wants transactions to be safe and easy and convenient the same as we talk so there is a chance that digital currency will replace paper money.
Take note that Digital currency are different with cryptocurrencies but the idea is the same.
“Take note that Digital currency are different with cryptocurrencies but the idea is the same.” I agree but the thing is people will trust say PayPal more than Bitcoins cuz one of them is a cryptocurrencyand other is USD. |
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The good way to teach children to use bitcoin is to tell them that it's good to do it and they will earn a great deal to make them use bitcoin. they can still make money just by posting or whatever. They can also make this entertainment while playing a computer. and they can use it until they grow old. because if they continue this until they grow old, they will have a lot of money.
Kids are the base of our future and if they involve in bitcoin then bitcoin will become very famous throughout the whole world and the best way of bitcoin to teach to kids is to add some topics in their courses of school so that they can get basic information about bitcoin. |
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I think everyone wants to be rich, although, money doesn't make the world go round, you cannot effectively move without money. It's a matter of knowing where to spend, save and invest your money in order to be successful.
Yes all of us want to become rich and I think this dream now become true by working with bitcoin only and the reason is that the rate of bitcoin is very high and we can make enough profit by working with bitcoin. |
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I would choose gold since its value has always been maintained and appreciates in value and you can actually get a hold of it.
That is why many people still trusting gold rather bitcoin, and bitcoin is lack of stability, it's more volatile than gold, that's why some investors prefer gold over bitcoin. Although the volatility of the bitcoin is decreasing every year and at 2016 almost as volatile as oil, I believe the bitcoin prices will stabilize when everyone is already well-understood bitcoin as financial assets, so when that happens, bitcoin can compete for gold for stability. Yes its true that bitcoin have crossed price of gold and still the price of bitcoin is increasing and in future the rate will be double or triple as compare to present rate more probably and that is also the reason that bitcoin is more better than gold. |
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Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
Bitcoin does not do anything to increase its price, only peopl who love and trust bitcoin keep buying and holding and make the price keep increase. Demand from people who interest in bitcoin make the price increase and increase. bitcoin can be popular, because bitcoin can help us in terms of meeting increasing needs. so bitcoin does not have to do the hard work, which we often do. but many people also often look for bitcoin because of the advantages of bitcoin. Remember that price depend on two things i-e demand and supply As the demand of bitcoin is increased in market then the supply becomes short and the price of bitcoin is increased. As the demand of bitcoin is decreased in market then supply become more due to which the price of bitcoin start falling down. |
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Arguable issue
Bitcoin is the only way to reduce unemployment because it is providing jobs for every kind of people and the jobs of bitcoin is not tough as compare to other places and also need less time and also don’t need some specific time for working with bitcoin. |
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Investing in bitcoin is a wise decision! But you have to follow the rule : simply make sure that you will not contribute all of your cash to bitcoin, because it is unstable. Since it isn't controlled ( or we do not know by who it is controlled), we don't generally realize what will happen next to it. I invested about 200% percentage of my money.  Indeed according to me now a daysbitcoin is the best way to invest because investing in bitcoin is more profitable than other areas because the rate of bitcoin is very high and still increasing more and more and in future you can earn enough profit from your investment. |
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