I actually have this feeling it will be, I mean just in my personal life a huge amount of my friends and family are asking about Bitcoin and cryptocurrency and getting largely involved with it and I imagine I am not the only one, plus I've so much growth on YouTube and Twitter with crypto.
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I definitely agree with that point, it's not just the first cryptocurrency it's the biggest and fastest growing community with the best developers, everyone that is competing is just inviting more people to make it stronger even.
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There was no doubt in my mind Bitcoin would win the “war” against Bitcoin Cash as the superior chain. And you could really tell by some of tactics used by BCash they were getting desperate to try and take over - but it just couldn’t work for them.
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It serves many purposes for many people, we can list all the perks of Bitcoin as reasons why it’s such a high demand digital currency as well as observe blockchain revolutionize different industries.
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I wouldn’t say risky it just isn’t wise to do because you need money in all forms just in case something happens and you also have an emergency. Only put money you’re comfortable being without with, also I am not a financial advisor and you will need to do your own research and make your own decisions.
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Well then they simply fail to understand what the blockchain provides, a secured network to verify all transactions and participants, a immutable open ledger that is forever proven, this all gives immense store value, just because the price goes up everytime the demands makes it go up doesn’t make it a ponzi.
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I first heard about Bitcoin in 2011, I believe it was on Reddit a random post I read about a digital currency and at time I wanted to use it as a means of virtual goods exchange.
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Like people are saying it's all out attack on Bitcoin, we all know who is up to it too if you follow the tracks. They wanted SegWit2x for a complete take over of Bitcoin now they're trying to sway away influence from the real Bitcoin to Bitcoin Cash since all of their fingerprints all over that one.
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Yeah the details are being now discovered buy this is just a clever attack on Bitcoin and the value of Bitcoin Cash has been manipulated too. I also read that some of these bad characters are also spending full charge fees fulfilling $0.88 transactions.
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Yeah it is frustrating to see Bitcoin Cash function like this when 80-90% of the value comes off the back of the original Bitcoin. Oh well, with time we'll see Bitcoin remain dominate.
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Just like there are so many companies and websites, each one aims to have a different purpose and use so really there's no stopping these new currencies being made everyday.
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A country like India with such a large population cannot just ban Bitcoin it would be too hard to enforce. This is just what they say when they wish to regulate and start taxing Bitcoin. Eventually it will be a widespread thing in India.
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Yeah I figured as much because I original believed it was just a suspension of B2X. They're relentless and would love to configure Bitcoin to their liking, but the community is strong and we'll resist once again.
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Coinbase for me is the quickest and most simple way to cash Bitcoin, it just goes straight to your checking account when you sell your BTC. I haven't had any real issues or problems thus far.
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It's not too late considering the amount wealth is in other forms of financial exchange, ForEx, stocks, gold etc. it has tremendous space to grow, if you ask 10 people if they know what Bitcoin is 9 of them will say no, and the other 1 might know or has a common misconception about it.
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It wouldn't be half as effective as what we do now, it's not really a thing to market Bitcoin but really just educate and spread the word about Bitcoin's uses and purpose. We aren't selling anything. How we educate people is through discussion and presentation and that's hard to do in 1 minute long commercial. Having discussions on forums, YouTube videos, podcast and FaceBook groups is way more effective and when people are logged on the internet it's like they're one step in the technology of blockchain already.
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I actually appreciate this message from these group of guys, especially the part that specifies constructive contribution whether for or against. It was a very heated debate and tense days approaching the hardfork, it would have been the biggest test Bitcoin has ever seen. Eventually they saw it could be very damaging to Bitcoin so much so it could halt it's growth - wow, so the experts saying it could've divided Bitcoin and cause massive confusion were not kidding around at all.
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So far from the news I have gathered it's only been suspended, which I suspect they're planning a different angle to put an attack on Bitcoin with some other way to name SegWit2x they're clever, sneaky, and relentless so we'll just have to wait and see.
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You would be surprised what sort of things can be used as means for exchanging money for facilitation of criminal activity. One example is diamonds. People think diamond are a symbol of love and pureness, but there are powerful people that practically control the industry and have slaves who mine diamonds at the bottom of the system.
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It will be interesting to see. I just know that if you're holding right now until 20 years from now you'll be in a very special group of folks that have been it for so long because it's like we're the trailblazers before it is a mainstream thing that's everywhere and that is like a pre-programmed app on phone in the future.
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