Now we have got lots of availability to get free coins. It's upto us to be active in the different campaigns such as the bounty campaigns, social media campaigns, trading, ico investment and so on. Now to the list we have got airdrop, which has been considered a scam by several users and some appreciate it as an way to promote the projects.
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Lots of innovation has taken place in this century. Internet has made a big change in the entire functioning in all fields and also it is the one that has provided the increased efficiency. Bitcoin with the backing technology has made the footstep for growth and development in a better way than what's been into use at present.
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People always have a mentality to believe in luck. This when goes beyond certain limit becomes a superstitious belief and the same has changed the mentality of users to go on superstition based selection upon each and every activity done by them. I completely opposed such activities, if superstition is really effective why can't a particular user couldn't win continuously.
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As blockchain implementation has begun around the world on various sectors, the need for blockchain developers has increased a lot. To fulfill the requirements, colleges have come up with plans to educate the people with bitcoin as well other courses relating to the technology. This will increase big in the future with more universities participation.
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Altcoins were showing good price pumping often. Right now this has been fluctuating in a much common manner with the growth of altcoin indicated with green mark and in a very short time the same goes down and gets marked with red mark. So, this is not exactly the time for alts pumping.
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What bitcoin has reached in terms of growth is very big to be reached in such a short time period. The same when it comes to gaining trust, it hasn't reached big as the traditional fiat. For this it needs to grow and move on further, only then it can get a consideration similar to fiat. Until that no need to make any clarification about replacing of fiat with bitcoin.
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During the early days I used to spend lot on gambling. By that time I have insisted lot of users to invest into bitcoin. Looking me spending into gambling friends to whom I suggested to invest felt its all about gambling and nothing more than that and now looking the growth it has achieved they used to think about the suggestions that I provided them in the past.
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Very few could have invested into bitcoin with trust, whereas the rest just with some sort of hesitation would have invested into it. Early adaptors are the same, few had the mind to keep hold of it. The rest on experiencing small profit could have sold it for mere profits. This doesn't mean that it unfairly benefited the user.Bases on the trust as well upon the trust they had over the growth of bitcoin benefited them with relation to the capital invested.
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My first advice to you is use money only that you can afford to lose, because it always risky invest or trade. I think best way for you just hold btc for a year or more, it's not so risky and you won't lose all of your money.
If you have the patience to keep the asset as it is, then it's good to buy and hold considering it a long term investment. Surely users will be profited. If not, if you are good in learning invest a small amount into trading and the rest in bitcoin. The learning you get will help you further to make better earning through trading when you increase the capital.
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I think your prediction is a great folly. I doubt that we'll ever know who Satoshi Nakamoto. Behind this pseudonym hides a organization and even now we do not know the main purpose of creating bitcoins. $ 10,000 is too high a price to become true before the end of this year. I'd really appreciate if the price is not too fell back after the fork in November and will remain available up to the end of the year.
Nothing to fear about, have trust and the rest happens without any interruptions. As the price of bitcoin has already recorded an ath above $7600, we're not that far to $10000. This makes $10000 to be reachable before the year end, though fork is expected to happen the fear has stuck to every users mind. I personally have hope on the year end price pumping that happens each year taking the price to cross $10000.
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Haven't experienced such problems till date. Been a customer of bank for a long term and such issues haven't got raised. I have seen banks asking people join them, what has happened with Op is very rare. Banks follow the KYC norms for which they won't go in depth until the customer himself opens the account for specific reasons similar to getting loans and other business needs.
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The major fear that users have is the control. When people start using decentralized asset, government cannot make benefits out of the same, but when it has been regulated surely governments can benefit same way that Japan making at present. This seems to be the real fact for banning of bitcoin. Recent days lot of countries who banned cryptocurrency in the past has taken back the ban allowing people to use it.
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Altcoins too similar to bitcoin in one or the other way. Bitcoin has got a much increased value compared to the altcoins. Being a newbie to the altcoins is not a big thing. When you have known about bitcoin, learning all about altcoin is simple and the same makes people experiment the benefits associated with it.
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Heard a news that Indian government is making a wide research about the cryptocurrencies as well the goodness it can provide through the technology. Now such an initiation of its own cryptocurrency doesn't gonna get a big support as people were much against the government from the demonetization what they did in the name of digital growth.
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Lots of potential digital coins were getting into existence. Same time already several people have profited good through altcoins and based on the expectation I too keep hold of some of the altcoins. Bitcoin is all about an proven fact and when it comes to altcoins we're yet to realize the importance and prospects.
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Those were the people who has been rich through the oil wealth. So one who already has made enough through an commodity based asset will never prioritize or believe in the technology. This is what happening with one among the richest person of the East Asian country. Situations will change when everything has dependence upon technology.
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Until there is legitimacy in its functioning rather than the scam attempts and the hackers indulging bitcoin won't crash. When we talk about crash, it's mainly the price drops that happens at times. In specific upcoming days we might experience a price crash as correction haven't got over in a perfect manner yet.
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These days making people learn something is not a difficult task because easily they get it through different sources available. When it comes to time management, people doesn't have time to know about it. I used to explain it providing them links as well articles relating cryptocurrency. After that based on the users personal interest to know more used to suggest with our forum.
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It's not bitcoin that has a roller coaster ride all the of cryptocurrency I think, it can make us rich in one second and can also lose our money in just a second. This ride is getting crazy but people are still believing in it because there are more people who makes money in investing crypto than losing.
What Op has stated is true, it is truly similar to the Rollercoaster ride. Because the price goes down and increases with time. This fluctuations were quite common with digital currencies, one who understands can benefit out of the same. Another thing is that we need the patience to use it at the right time of growth.
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I use it very rarely, converting to cash. Because this has been given importance as an aside earning to grow high in terms of living standard fulfilling the necessity. Most of the time used to spend my regular salary on all my needs keeping the growth in mind which we can't get anywhere else.
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