Despite the fact that bitcoin is use for online payment in a decentralized approach, which can never be trace the truth still remains that bitcoin is the best and secured mode of doing transactions in a peer to peer platform. But even the us dollars euro are all use to carry out crimes so is not only bitcoin that is use for organized crime.
I believe bitcoin just like other currencies can be used for both good and bad intentions depending on the holder of the money. Hence one cannot easily say that bitcoin is use for dishonest purposes. |
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Yes, these days the bad comments are even killing the confidence of investors especially the newbies more than the dropping price of cryptocurrencies. I have been an active member of this forum for almost a year now and I have never seen a time than in recent times where the negative comments far too many.
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We need more of such news with great impact, I believe this is the kind of regulations that we need in the world of cryptocurrencies. These kind of regulations can really help boost investors confidence in the world of cryptocurrencies.
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I think that's a good sign. Trust in bitcoin is growing, even banks began to use it in their activities, which means bitcoin is developing and it has a great future.
Loans in cryptocurrency is relative since you might end up buying more or less than the amount you originally took. Due to the volatile nature of cryptocurrencies, it would be very difficult for most individuals to make use of the lending and borrowing system with such initiatives. |
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Also top technical analyst says it could be 'game over' for bitcoin, but I don't believe it  The party is still on, we are just getting starting. This is certainly not the first time that the price of bitcoin keeps dropping and is not rising at the same pace as it is dropping. Nothing good comes easily in life, so the struggle still goes on and bitcoin would certainly bounce back stronger than before. |
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Bounty dumpers are those who destroy the good name of a particular coin or token. Developers and investors spend a lot of resources to ensure that a particular project is carried out successfully and thus it is never cool to see someone dumping a very potential coin.
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There are many factors which is affecting the progress and development of all cryptocurrencies at the moment. I hope we can do more as crypto enthusiasts to push the good news of cryptocurrencies to the rest of the world. Cryptocurrency is certainly the future currency of the world.
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I wish I could get in touch and travel to such conferences and meet ups. Most crypto enthusiasts wish they can get such opportunities to attend such important conferences. We need people in the world of blockchain technology to meet and interact physically.
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There are many speculations that is affecting the dumping of bitcoin including the issues with bitcoin cash forking and many other factors. I believe what we can do at the moment as the crypto market is red is to stay focused and not panic.
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It is unfortunate that most essential topics in the world of finances have already been covered by other projects. You can look at existing projects and identify the gaps in it so you can find a reliable solution to the problems that it presents.
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So what's blockchain technology without bitcoin and cryptocurrency. There has been no time that prices went up without it going down as such that is happening now. Good coins will recover and never die. This will really be a test of value and quality such that only good ones will survive this time. Hodl for your personal reasons, at the end you won't lose even if price dips.
There are plenty of blockchain solutions and tool which do not use crypto currencies at all. Blockchain does not need crypto. Your opinion that blockchain technology does not need crypto is really debatable. This is because most blockchain based projects usually conduct ICOs to generate their own tokens and this has being the norm. I see crypto especially bitcoin as the driving force behind blockchain technology. |
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Of course, bitcoin is a religion for all crypto enthusiasts especially those who believe in the philosophy of bitcoin. It is that belief that gives us the confidence that bitcoin really has a very bright future and it is the hope that it would happen sooner than later.
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There are so many speculations on the crypto market in recent times and the issue of manipulations always comes to play whenever we think of making a projection on how bitcoin would look like in the future. I believe the price of bitcoin can still be manipulated further by those who have a large amount of bitcoin.
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In my candid opinion, I would measure the success of bitcoin on how many investors would venture into it when they believe the volatility of bitcoin is not rapid as compared to what is happening in recent times. I believe such parameters can help us know how people would appreciate the philosophy of bitcoin.
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According to my opinion, I think It's income and should be taxed. There should be a tax on capital gains because it's income and the current law is that people pay taxes on their income. If we want to debate or reform that policy, perhaps we should, but then it should be targeted at all kinds of income taxes, not just capital gains taxes. Getting rid of capital gains taxes by themselves is simply a way to cut taxes on the rich, because the rich make more money through capital gains than poor people do.
What is your thought on this matter?
It is good to pay tax, but we are not seeing any support from the government with regards to the world of cryptocurrencies. Hence there is no need to worry about how to pay taxes on our digital assets, I mean it doesn't make any sense to pay any tax to that respect. |
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It is unfortunate that we are getting to the end of the year with this huge drop. Bitcoin has been having experiencing various forms of drops since the beginning of the year. The drop in recent times is really alarming and it is the hope of most investors that the market recover in due time.
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You are right, if you constantly develop without risk and in a comfortable environment, you are unlikely to achieve great success. Therefore, investing in bitcoin is a risky activity, but it can bring real profit, and this is confirmed by real stories today.
The experiences in the life of a typical cryptocurrency enthusiast is no joke. There are a lot ups and downs in the crypto market and it takes a person with a strong heart to stand the issued that comes with all these problems. Life is all about taking risks to be able to succeed. |
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It is always a good idea to learn from experience when it comes to the world of cryptocurrencies. I think day trading is a good way to earn in the world of cryptocurrencies, but you need to commit more time and attention to ensure that this is very effective.
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Exactly, it is easily expected that more people would adopt bitcoin whenever there is such legalization anywhere in the world. I believe with the help of governments around the world, there would be more good news for the world of cryptocurrency. I believe the government would be really instrumental in making blockchain technology better.
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