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Bitcoin is difficult to understand because it is an invisible coin and digital currency.Some people also have negative views regarding bitcoin which makes them skeptical about it. Bitcoin is not hard to understand, I think it depends on the interest of the person to understand it.
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I think we will only see more manipulation if this happens , if the banks will profit of bitcoin going up are down then they are gonna make sure that is what happens.Like someone said above , this defeats one of the reasons why bitcoin was invented in the first place.but maybe this is will happen if someday bitcoin and other cryptocurrencies is accepted in all country ang governtment.
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It will be the good news for the bitcoin traders , including myself.When the price of bitcoin is expected to raise more,the price of bitcoin transaction fee will reduced.Either way it is good for business as it encourages consumer spending wherever it is available.
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Bitcoin is an asset for me cause it's so expensive like having gold. Many of the investors now are interested to join in bitcoin. Investing in bitcoin is like an asset in there life.more possible investors will look into the possible investment. Beside, Bitcoin really is an asset, its only how you put in your investment into the market.its good for short term and long term investment, it is just a matter of taking care of your business investment.
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I think governments scared of bitcoins because they not collect taxes in every users of bitcoin, we all know that every transaction of bitcoin is transparent, i mean there is no third party or no one will see your transaction and even government and banks are not control every transactions.Also they fear that in future people would totally avoid depositing in banks and would just buy bitcoins which would be a huge loss for them.So they ban the accounts elated to crypto trading.
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Maybe we should trust what he says. Bitcoin can disappear at any time, because it is not guaranteed.But after all that's been said, Bitcoin doesn't care. It carries on churning out blocks, completely undistracted by whatever criticisms are thrown its way.
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Bitcoin is always a big hope for us. So everyone always curiously looking for the drop to buy more bitcoins. Because bitcoin is always a hopeful investment in crypto market. Don't bother about bitcoin is current market desp.Bitcoin currently need all the help t can get, especially from the influencers and public figures, maybe even the national governments, the state of BTC is not as good as its supposed to e the red market has taken its toll which has left a number of BTC users in panic, its however a proven fact that BTC is a quality coin and in most cases will recover with time.
Me and probably most people here believe that bitcoin will be mooning again in the future maybe in 3 months, 6 months or even next year or 2 years. Patience is tested here.
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In my opinion bitcoin will be still the leading coin in the market. Also, possible in the future bitcoin will lead the price progress of all coin in cryptos' world.After the introduction of the bitcoin there are different alternative coins are also there in the market with mostly the same configurations.Maybe speculation leads the facts about the future of bitcoin but it is not necessarily happen. Then lets wait and see what will be next the furtone of bitcoin in the future.
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That's right. We cannot blame bitcoin because it is one of the newest technology that can't run without someone who is operating on it. Bitcoin system is form with the purpose of giving people's a chances and opportunities to life become easier and convenient.It depends to us users on how we are going to use our bitcoin and how we can earn more profits. We need also to be careful like a driver because accident is everywhere.
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I would not call it a failure as Bitcoin was never intended as a traditional currency. It was "created" as an electronic payment system based on cryptography and it has succeeded as a pseudonymous decentralized digital currency.but because for temporary today there are not still many countries that accept bitcoin, and are not ready to make bitcoin as a transactional tool, so bitcoin functions are limited only for investment.but I still believe in the future of this, bitcoin will be a major currencies in the future. We will see it.
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Of course, to invest in bitcoin, you need to know more about Bitcoin. In order to invest in bitcoine, the project has to be prepared according to the plan. Bitcoin should know the method, because all businesses have a risk.Every time I've talked with my friends about the importance of bitcoin, I've done it with the purpose of expanding their ideas about the future of money.
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Honestly you can not easily know how much people are using bitcoin because its anonymous and many addresses are generating everyday. and also many people are using multiple wallet for security reason.so it seems fairly impossible that there is even 2 million users. Maybe a little less.But through a proper survey it's possible to actually get a rough estimate though..
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