There is nothing to be done to prevent Bitcoin price from falling. This is normal process and it's impossibe for Bitcoin price to rise all the time or even to stand still. What everyone can done once that happens is not to panic sell your coins, this could only make situation worse. But I guess this is the question of experience.
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I wouldn't call holding Bitcoin greedy but I have to admit also that just holding Bitcoin without spending it or using it for something else doesn't make much sense to me. I don't beleive that Bitcoin was made only for holding and not using it for some practical things. And just holding can't guarantee profit all the time because of volatility so I think that the best way is to find a balance between holding and spending.
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To my opinion this is not going to happen. Despite Trump and everything that is happening USA is still too liberal and open country so baning is not an option. Maybe some strict regulation in some states but further from that this will not go. I think that no civilized and progressive country would ban Bitcoin.
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Nope, anything like that in my country. Except for dogs. Seriously, I've heard about such technology but honestly this scares me. It's like you are monitored 24/7 and good bye to privacy. Maybe this could help in some situations you have mentioned, like kidnaping or maybe in case of some illness but I would never agree to such thing.
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I don't know why people think that governments all over the world are in some kind of war against Bitcoin. Some are not very friendly towards it, that is true, but all this conspiracy theories agains Bitcoin are exaggerated. The efforts to regulate Bitcoin don't necessary have to be wrong for Bitcoin and aimed against it. This could help Bitcoin in wider acceptance especialy in business world and bring more confidence.
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No, this is not the goal of Bitcoin and I think this is completely wrong theory. Bitcoin was never backed up by any political option and I don't think the creator hasn't set any political goals. Economic maybe but political not. Besides, world and countries without governments is pure utopia, don't have hopes for that.
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To my knowledge Bitcoin is taxed in some countries but not as a currency or asset itself but as an object of trading and exchanging to fiat currencies. If you have exchanging business and report it to tax authorities you will pay taxes on it. But you will not pay taxes on Bitcoin if you only keep it in your wallet. However it will be rather hard to collect all information about taxation practice in different cour, I don't think this data is collected somwhere at the same place and the practice is very different from country to country.
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I don't think it's a bad thing. Afterall traders live from volatility and some have made a fortune on it. I think it's crucial to accept volatility as completely natural part of Bitcoin and the way how it's functioning. Don't expect that Bitcoin price will ever be stable. But that is the point of it, isn't it?
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Seems like this is the good timing. Fees are low, Bitcoin price is rising. But don't get too much excited because of that we all know how quick and easily situation can change. We would all like to see the price heading towards 15000$ or more but I think market isn't fuly ready for that yet and for a while the price might stay around 10000$ to 11000$.
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It is so irritation causing when knowing that we have to wait more than 2 weeks for money to be loaded and available for utilisation. Those who have regular deposit and withdrawal activities will never like such redundant service. According to me, xapo is instant in updating wallet loads and their cards work in smooth way at my lical ATMs
I also liked Xapo very much but their Bitcoin debit card is not working anymore because it was Visa tied. I'm waiting for them to find some new issuing partner and start operating with cards again. Mistertango cards is missing on the list. It's working perfectly well in stores and ATM, it's accepted everywhere. My only negative remark is high Bitcoin deposit fee.
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And here we come at the begininig. Money has become the main and only reason for geting involved with Bitcoin. I'm not trying to say that there is something wrong with making money but so many people just think how to get rich over night and see Bitcoin as an easy way for that not knowing even the basic information. That is bad for them and bad for Bitcoin. Remember the reason why Bitcoin was created at the first place.
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I beleive that depends on miners are how far, or better to say low, are they willing to go. Remember that not so long ago we almost had some kind of war between users and miners because of extremly high fees. Also, the number of transactions is important to calculate fees. At the moment transactions fees are realy low and I don't think there is much space for further reduction.
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I'm not thinking about that at all. By now Bitcoin has become strong and resilient enough not to crash so easily and not to vanish from the scene. The price will vary all the time and in the future Bitcoin will have better or worse periods but I expect to survive and to be established even more on a financial scene. Or better to say to become equal participant.
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I'm using Mistertango card for a two months now and I'm satisfied. Bitcoin deposit is almost instant and the card is accepted everywhere. What I'm not satisfied at all is very high deposit fee so it's not convenient at all to deposit small amounts. I think this is something that should be changed. But having in mind very poor choice of Bitcoin debit cards at the moment I can't complain too much.
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Bitcoin will not cause the end of the banks. No matter how much we love and appreciate Bitcoin and want the independence from banks Bitcoin doesn't have such power. Banks are protected by current economic system that depends on them and in some countries are also strongly supprted by governments. They have their place in the society and can't be eliminated so easy. So, no, Bitcoin can't harm banks.
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If you are a passionate or professional trader it's natural that this so called stability is driving you crazy. Traders live from volatility. But for this periods you have to have some kind of strategy how to survive and be prepared for the period when price begins to change more significantly. And some statements here that governments have arranged stable Bitcoin price is realy stupid to say.
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No, for the business I would like to have is not enough, I would have to save much more. But there is no general answer to that question because in different countries you need different amounts of funds for the same type of business. But still I don't think it's not that difficult to start business but to keep it and run it to be successful is much more demanding.
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In my country there is still some kind of silence when Bitcoin and cryptocurrencies are in question. It seems that both central bank and government are not sure what and how to do with it. Since I'm from one of european countries I guess they are waiting for some EU directive that will make them to regulate Bitcoin in some way. Only thing they do is to warn from time to time people that investing in cryptocurrencies is risky.
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It's the similar question like if Bitcoin will be replaced by another coin and wich one will become a new Bitcoin. My answer for both is that they don't have serious competition . And it's not only the price that counts and makes the difference. New coins and projects appear all the time and although NEO seems to have good perspective I don't think that is a threath to Ethereum.
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Trading is difficult for some time now. It's much more demanding and exhausting than it was before. Also it's not so easy to make profit and you have to spend much more time watching and analysing market if you want to achieve some results. Trading is risky and it's not for everyone and in the future only few could say that they are successful traders.
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