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It's hard to name a certain factor led to bull run. Bitcoin may go up due to:
COVID cases in the EU and US at record highs
No US agreement on a Stimulus
Institutional Adoption Of Bitcoin
The US election.
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I'd recommend you to start with "Mastering Bitcoin" and "Bitcoin From Beginner to Expert". "Cryptoassets" will be helpful to you as an investor.
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It was predictable because of the US and China trade war. Now China is ambitious to end the US dominance (=the dollar primacy since Bretton Woods).
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EOS must be added to this list too. It has a speed of 3000 transactions per second.
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18.The world is changing and not in a good way ... i was born in '86 , i seen the 90's,the 00's ,and i remember how it was back then ...sure we got nicer toys this days ,but millennial's will never understand the thing we lost. You were born in 1986, so you are Millennial too. 2020 isn't the best year, but don't dramatize. |
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People who think that Bitcoin is a scam just don't understand what it is and how it works. Some of them aren't even going to understand Bitcoin because they believe it's something for geeks. And, of course, PayPal's decision should make Bitcoin more popular and demanded.
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No, Bitcoin won't replace gold and oil because both substances have a lot of use cases in many spheres of life. Bitcoin is just a virtual currency, it doesn't have any physical implementation.
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Some people are afraid of KYC more than high fees.
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What is your prediction based on? The current ETH price is $373. It can't increase 30 times in two moths.
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I don't think that Bitcoin is so unique now. Despite it still has some benefits of being the first, there are thousands of other decentralized currencies.
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Cool! One more conspiracy about Satoshi. I can't trust such articles, they pop up relatively often and have less in common with reality.
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History never repeats itself, but it rhymes. Debt-based money and unpayable debt as a result had leaded to the crisis ones.
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That's why it's really important to consider where you will store your coins before investing in crypto. "Not your keys, not your coins" is like a bitcoiners' mantra nowadays.
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Humans came into contact with gold around 40,000 B.C, while Bitcoin has been existing for 11 years. Of course, gold investors aren't experiencing volatility problem now.
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Due to its decentralized nature Bitcoin is very volatile. Can the problem be solved? Of course, no.
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My strategy is as simple as possible. I use non-custodial wallets only and never keep coins on exchanges for a long time.
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Bitcoin needs the logo because it really helps in its promotion. I like the Bitboy's logo the most and don't think that rebranding is essential.
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Great! The price of Bitcoin jumped after the deal. I like Square's strategy, maybe other giants will follow their footsteps.
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What is pozi scheme? It's an investing scam promising large profit with no risks. It generates returns for early investors by acquiring new investors. Bitcoin doesn't promise regular returns. It doesn't make you to add new investors into "the scheme" to increase your return rate. Just read the white paper to understand it.
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