To your list I would also add "use your experience".This is the very important moment to avoid panic and I beleive that experienced users keep their head cool and they don't panic because past experience tought them that market will be not red forever and that the price eventualy will go up.
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This is the good decision. Constant checking the price gives you extra pressure that you don't need. At the end price doesn't look so bad at the moment and there are some signs that it might recover. Remember if you don't have enough patience and can't control your emotions Bitcoin is not for you.
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I think Bitcoin and other cryptocurrencies are not made only for high tech geeks to use them, just the opposite. Cryptocurrency philosophy can only make sense if average, wide masses use it. The problem is that people are not educated enough and sometimes don't have enough interest to use new technologies. But using crypto realy isn't so demanding that average user couldn't get the basics and learn how to use it in everyday life for its own benefit.
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I think everyone is expecting too much. Once when Bitcoin touched 20000$ everyone expected this rise will not stop and they thought they will become rich in no time. So "low"' price disappoints them. But like always the reality is different, you can't become millionare over night. Current pice reflects the value that users are willing to pay at the moment and it will change when market will be ready for that. And low price isn't caused by regulation annoucements, this is completely wrong theory.
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And why should we fight? This makes no sense. If you can't make your goal with arguments and civilized conversation then this makes no point. But still the best way to make someone to change the mind is on pratical example so if you want your friends to accept Bitcoins show them the real use and how it's functioning, what are all the benefits. Many of them will change their minds.
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Just an update. Customer support responded and asked for screen shots. I explained the situation and what happened but afterwards they didn't respond so I still wait for their final answer. Also I calculated all deposits and all expenses I've ever made on the card (and that is the period of about two months) and there is real discrepancy, the sum I got is short for the amount I mentioned above, so I'm missing my 55€.
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I don't see anything else in your prediction but pure speculation based on nothing. And what actualy have you forseen, do you have a cristal ball? This price downfall isn't anything that we haven't already seen and nothing that we should be worried about. You are probably one of those who spreads panic every time when the price is down. Not worth paying attention.
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If you trade and make some earnings than this is active profit. So with trading you have to engage real hard to have some use if it. Passive profit would be if you would only keep coins in your wallet and make profit on the price changes without doing anything. But I would suggest you to get better informed first because you obviously have some misunderstandins and if you want to trade this could cost you a lot.
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I.think banks and cryptocurrencies can exist together, each by their own philosophy and rules. Cryptocurrencies will not replace fiat currencies and banks, this is just utopia but they can represent some alternative and healthy competition to banks and traditional economy system. Also banks can use cryptocurrencies for their own profit and even offer to their clients services related to cryptocurrencies and this can function good.
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If you put it that way then you can call the fees as a Bitcoin taxation. But it's not exactly the same. When you pay taxes to the state you expect to have different privileges, infrastructure and services that governments have to provide. If the fee is Bitcoin tax and the miners are the government the only thing you get in such case is your transaction confirmed. Is that the good ratio of what you give and what you get? But lately the fees are realy low so we can't complain.
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At the moment the price is at a downfall so it's the good opportunity for buying. And this is not the sign that Bitcoin is going to crash or even be gone forever but a usual price correction that happens from time to time. The price will go up again so now it's good time for investing for the future.
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Predicting Bitcoin price is useless. By now you could have figured out how turbulent and dynamic the Bitcoin market is and how easily price changes up or down. Also too much focus on price makes additional pressure that is realy not necessary and could cause making wrong decision. Don't be se obsessed with price and just remember that everything that comes down must come up too.
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I think it was said so many times before, avoid cloud mining unless you want to lose the funds. Legit cloud services are very rare and it's hard to recognize them and majority are unfortunately scam scheems you don't want to be involved in. If you ask me cloud mining is way too risky and they hardly wait to get another victim. Just stay away, it's the smartest thing you can do.
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Why are you so focused on China anyway? They are not the only big country involved in Bitcoin and the role of China is not so important like people would like to think. And don't forget that not all news that come from China are true so don't exaggerate the consequences that might happen.
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I'm not sure if I understand what you are actualy trying to ask. Do you mean if Bitcoin can be forged? If that is the question the answer is no and you can't get any fake Bitcoin. Everything is verified through network and miners so nothing similar can't happen. But Bitcoin doesn't have it's physical version so you can't touch it or feel it it that was your thought.
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Wasn't that the question that someone has already asked? Frankly, it's your decision what will you do with your own property, especialy if you can afford to lose it. Just remember that the first rule of investment is to invest the funds that you have extra, so that you don't need and can afford to lose. If you don't need your house then sell it and buy Bitcoins. But there is no guarantee you that at the end you will have money or place to live.
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To my opinion this is just another speculation. April is in a few days but at the moment there are no indicators that would show such sudden price rise. On the other hand market could be very unpredictable and all scenarios are possible. Still I think it will pass a while before the price reaches 15000$ or more again.
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I would choose localbitcoins because I have more experience with it and only positive one. Paxful is also legit and trustworthy as far as I know, although some users had certain issues. Localbitcoins is the first choice for me because it's very convenient to use, you can find the trader from your own country or even your own town, trade in your own currency. And they are present on the market for a long time and are well regulated with good customer support.
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At the moment I don't see some real danger for Bitcoin and other cryptocurrencies. These new coins might be supported by governments but that doesn't mean they will have the support of users. And that doesn't mean you will not have the choice to use the cryptocurrency you want. It's understandable that governments want to control currencies but that still doesn't mean this will be successful project that will actualy live.
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And how could that be? Not everyone is equaly capable and even in the same circumstances and same conditions they will not make the same result. Many investors can invest at the same time but no one can guarantee they will be equal at the end because everyone makes the decision for his own according to his own plans and goals.
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