that altcoin still depends on Bitcoin. We can prove it by looking at the latest bearish market. Bitcoin prices also drag down the altcoin market. Altcoin is still growing and maybe in the near future, there is a high probability that they will dominate the market. For now, I can conclude that Bitcoin is still above.
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I can say that this is possible but inevitable, so my state banks really ignore the fact that cryptocurrency exists and they think that it will appear as a bubble.
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Personally, Bitcoin has a very strong use in my daily life. Apart from getting a salary in my real work, because of Bitcoin, it gives people the opportunity to earn more money.
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I don't think there's any large scale collusion happening behind the scenes between whales (at the moment at least), and I don't think they're rooting for everyone to dump either. I don't see any reason to stage a crash because prices haven't exactly been at their best shape -- recent trends even suggest that more people are selling than HODLing, much less buying.
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That very few people want to take the absolute risk of all their money like that. Many people who sell Bitcoin now only sell their weekly / daily income while you can be sure they still have a fair deposit from it locked for rainy days. If you aren't too rich, most people can't just hold everything.
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Say that to all traders who accept bitcoin as a payment option for their goods, to people which produces and spends bitcoin with the same trader. Tell everyone who has taken the choice to trust all their funds or wealth with the bank, The options are available and used in Bitcoin.
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It is also not difficult to see the similarity of something that was used universally as a currency and is also considered an asset and therefore an investment. Even though I don't agree with what you say, it is inevitable that many people will see Bitcoin as digital gold and investment.
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in my opinion this positive technology can be used to speed up claim settlement but convincing insurance companies to trust new currencies is not an easy task.
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Nobody can tell you what will happen next if Bitcoin will actually disappear but as long as it exists then Cryptocurrency is all good because most of Altcoin is Bitcoin depends but I read some articles that most of Altcoin are now moving to make USD pairs for different exchanges with each coin and that might be good news for them because they will not be more dependent on Bitcoin.
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Bitcoin is freedom and universal so anyone can use it or join, and I see many women join ICO or other telegram. because more men are using it so it is not seen if women are too many.
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Bitcoin is a non-governmental currency that is very assimilated itself, no body can control it under its domination even not the government.
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There are people using Bitcoin as currency, so it didn't fail. But it's not a rule and each person can use Bitcoin as it better fits their needs. Maybe it looks strange that people use a currency as investment option because we see our traditional currencies losing price each new day, being unprofitable to hold, otherwise we would have fiat as a glimpsed investment too and not only to pay for our needs.
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Digital currency rules are needed because they prevent misuse of the currency itself and provide guarantees to all users of digital currencies if the currency can be used to transact and be recognized by the government so that there will be trust and security.
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Though I know, everyday news about crypto counts as a development, I still think it will be a long run before the whole acceptance thing happen. Still happy about recent legalization and acknowledgements from other countries thou. I think it is a big contribution.
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my country bans crypto, but government decisions are not firm, so we can still use bitcoin for crypto trade. but, the problem is not that,how the store will accept crypto, while the government bans it, and even many people still do not know about bitcoin.
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There are good things and bad things when it comes to bitcoin transactions. The bright side of this is clearly because it is decentralized. You will remain anonymous during the transaction you make. But there is also a bad side. Unlike banks, transactions are safer for me because people who can hack and steal your money can be tracked and you can take your funds.
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Bitcoin has not yet reached its goal, Bitcoin should be a world currency where everyone in the world can use it to buy anything.
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Physical Bitcoin is new. This is for long-term storage and only cool and fun things to have. It's not practical at all. It is clear I say sorry this will not work. But a good idea.
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you can not lie about it either. because if you show fake interest and they finally add bitcoin and it were not as big as it was claimed then it would be removed and will create a big shame. for example if you make fake demands for addition of ETH you will just embarrass yourself as nobody uses that for payments.
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I don't think that there are other problems such as technology or user friendliness. Lack of awareness is one of the main reasons for people not to get involved with Bitcoin because they believe media stories without doing their own research and trying to understand what Bitcoin and blockchain technologies are and how they work.
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