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We can't tell the exact value of bitcoin converted to dollar because of its volatility. The value of bitcoin changes depending on its demand and supply, the bigger the demand and less supply, the higher value of bitcoin, the lower the demand and more supply, the less value of bitcoin.
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I think it is good to have many exchanges, the more options we have, the more we can decide which exchange to trust our tokens to. We just need to be careful cause there are some new exchanges which happens to be scam and we don't want to be involve with those exchanges. Better choose trustworthy exchanges for our own safety.
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Who would ever put his life savings to an investment? We'll I think some guy who can afford to lose his life savings by taking risks to a very risky and volatile investment. There is no assurance whether he'll earn profit or totally lose all his savings. And if you think you can buy bitcoin at $100, that will never happen cause bitcoin will fall down but not that far. Maybe you should wait up to $3k, that is more possible than a $100 price of bitcoin.
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In my opinion government regulations on cryptocurrencies would have both GOOD and BAD results.If ever government put regulations to cryptocurrencies, it means cryptos will be accepted and legal which I see is good, but if it will to happen that they will put regulations, they won't let people to use and have cryptos without knowing who are these people involving themselves to it and how big they earn from cryptos. They would also want to trace every transactions done in the blockchain and worse, they might control the cryptoworld.
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In my recent bounty participation, all is good and i have been paid in all my hardwork. The tokens that i hardly earned is already in my ethereum wallet and the coin is already traded in forkdelta. But suddenly the telegram channel of the bounty shut down and also the forkdelta is delisting the coin. My question is, is this possible that even the traded coin can be end up a scam? as a bounty hunter it’s not a big loss but i’m pitty on the part of the investors that nagging that they are being scam. How?
What a waste of time and effort for bounty hunters like you who participate on that project and a waste of money to the investors.  As for the exchanger, I think there's no problem of delisting a scam token/coin in their exchanger, it is not good for them to keep and let unvalue token to be on their exchange list, people might think that they are part of that scam ICO if they let such tokens to be on their exchanger. |
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As a new kid in the cryptocurrency world, we often have our share of first mistakes in trading which helps us to be able to become better and wiser in the next transactions. What are these usual or common mistakes that newbies commit?
Common mistakes newbies do in trading are: a) buying at high price b) not knowing what kind of coin they bought and how that coin earn c) doing panic selling whenever they see price drop d) not putting limit to the profit they want to earn e) being greed |
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Everywhere you can find cryptocurrency topic especially ICO projects are doing well on the marketing through social media like facebook, twitter, reddit, linked, youtube and etc. Celebrities, influential individuals and high ranking government officials are talking about cryptocurrency and that is why i think cryptocurrency is a trending topic all over the world. Do you agree with me? Even haters help cryptocurrency to be known all over the world so let just leave the haters then.
Yes, bitcoin is so popular nowadays. Social media is one of the most used tool to spread informations, news and ICOs about cryptocurrencies. Even though some of these social media sites are now banning advertisements of cryptocurrencies, it already made new investors that already entered the cryptoworld. Cryptocurrencies are one of the topics talked about by governments, whether the positive things it give to people or the negative ones, most especially the ways for them to kill bitcoin and other cryptocurrencies. Even haters give attention to cryptos that also gives curiosity to some people to know more about cryptos. |
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It is a great news, smartphones are now open to accept cryptos. Using smartphones as a cryptowallet will be very useful and easy t o use. Wallets will be easy to access without the use of internet and surely they have something on their mind to retrieve our Cryptos in case we lose our phone.
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I also believe that bitcoin is the future and that it will be more successful when that day comes. More and more countries are now accepting and embracing bitcoin and other cryptocurrencies. Even some banks are deciding to enter cryptoworld in their business. In the future all countries have already accept bitcoin and hopefully, it is already used as a currency worldwide. Its price will reach higher than today and more and more people gained from that rise.
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I sell my coins whenever I needed money but if I only have a choice, I would still choose to hodl my tokens and wait for the right time to sell it to earn big amount of profit.
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Me as a student and a crypto enthusiast at the same time also experience the same feeling where I spend most of my time in cryptoworld rather than studying and doing my school works which I know is not right. There are times that I can't do my school papers just to comply to my bounty campaigns. Now, I'm trying my best to manage my time studying and doing campaigns at the same time.
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Maybe because people think that the price of bitcoin will always stay the same just like the price last year's. After the huge pump last year, there are lot of people who enter the world of Cryptos expecting that the price will keep on going up, what they don't know is that bitcoin price is volatile, it goes up and down everytime and every time bitcoin price falls, they think bitcoin will die anytime soon which the truth is that it just one of the natures of bitcoin and the market.
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My father once told me that bitcoin is a scam and that i am just wasting my time and effort in doing campaigns and investing in bitcoin because of negative news he heard about it. He really hates it whenever I talk about bitcoin and keeps discouraging me in dealing with it, until one day, I gave him money I got in joining campaign and from that day forward he changed his mind and started supporting me. He even asked me to teach him about bitcoin and cryptocurrencies. Sometimes proofs are enough to change someone's opinion about something.
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Yes, those are the reason why government wants to ban and kill bitcoin. It is because of the illegal activities and transactions that is happening with the use bitcoin. We all know that bitcoin is decentralized and tracing and tracking people using bitcoin is very hard to do. Also governments wants to get taxes that can be help to every country that are using bitcoin
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Over the years, bitcoin is the leading crytocurrency in the market which happens because it is the pioneer in the world of cryptos and because of it's price. As of now it is the leading crypto in the market and most altcoins are depending to bitcoin. I think bitcoin will continue to take the lead in more years to come and altcoins will still remain dependent to it.
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I have seen that most people investing now in BTC are afraid of loosing some amount of money when the price declines. I have monitored so many post and I have seen that in their post that's they mean but they wont voice it out because they know people might condemn them. I have sat down and realise that no matter how BTC decreases in price I have nothing to loose and I don't care about it because for the past months I joined this forum have seen much teachings and education from the crypto enthusiast. I now know BTC can do miracles just in a second or twinkle of an eye  . What do you think guys? Do you agree with me? Your comments and suggestions are welcomed. I get your point and I do agree on it. Some people are feeling scared whenever they see bitcoin dumps and this dump make them do panic selling which they regret later after price recovers and rise up again. These people should always remember that the market is volatile, anything can happen in just a blink of an eye, if they don't to lose some amount of money they invested, they should not sell in just a sudden dump. Patience is the key to success in this field and those who knows ow to wait catches the biggest fish in the ocean. |
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Every investment is indeed risky, even cryptocurrencies which have higher risk than any other investments out there because of its volatility which makes it hard for some people to invest in cryptos, and only those people who are willing to take this very high risks are those people who will be successful in this field. There are ways to lessen the risk in investing in cryptos and one of these ways is to invest only amount of money we can afford to lose, in this way we can lessen our worries that we might lose the money we invested. Also there will be less number of people doing panic selling.
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I think we can change public's view about crypto world by spreading positive news about it. Some people do not believe but rather criticize bitcoin and altcoins is because they hear negative news about it. Instead of spending time knowing and learning the truth about cryptos, some people are just believing about these fake and negative news. Another way is to give them proofs that we, people engaging ourselves in cryptos really do benefit from it and that we really make moneys from cryptos. In this way, we can show them that cryptos are really helpful to someone in order to earn money and that it gives opportunity to be financially stable in life.
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User: princesspoppy
Postion to Apply: Member
Posts Start: 257
Address: 3L83K1eRkySXXubWs8Anuw7s4RSpuZb999
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Name: princesspoppy
Rank: Member
Nexybit ID: princesspoppy
Nexybit Exclusive Bitcoin Address: 34FT8bnQcBXEpHodA7js7aYUpL59yJ5SfR
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