Ignorance of the bitcoin innovation and its approach to financial investments, payment and uses have made many speak of it as a bubble. proper education and enlightenment is important.
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The market is a profit and loss platform. One losses and another gains. It all matters what you know, the move you make and the ability to push your way. So one investor gains and another looses.
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Sure. When the time is right, I would certainly buy again.
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May be in the future there could be a toppling. But as the market stands, that will be most unlikely......
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In many ways! The advent of the bitcoin is a way that has revolutionised the way we now see money and what to do with it.
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I am positive that the present crisis that has rocked the cryptomarket that made the price of bitcoin fall will see bitcoin emerging stronger and more reliable. What steps or measures do you think can be taken to avert or mitigate future occurrence of this kind of crisis?
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Not exactly. Bitcoin is a healthy alternative to everyday fiat currencies and offers one the opportunity of making payments even over the weekends when most government offices will not process the business transactions. It is safe, reliable and only requires the internet. It's details may not be manipulated or altered.
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I read some additional posts here and I saw your adjustments to mean lost Private Keys. I saw that a URL was given you by a contributor. It will be nice if we can check that out an give a feedback. But i doubt if that would be easy an straight as an arrow
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For now, if I understood you thoroughly, that doesn't exist as tracking the bitcoins been moved from one account to another requires a technology that is yet to be introduced. May be in the future.
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Yeah, I read that and it quite caught my eye that many of these social media companies and owners don't exactly understand the principles behind an evolving and fast pace technologically driven market like the cryptocurrency. There isn't a bubble anywhere.
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And if it doesn't? You don't own the market so this is not a discussion. Pointedly, If the market stabilizes, the price would not dip rather it will increase.
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For me, so far there have been nothing major than the fact that I didn't convert my bitcoins back to dollars and hold there. But its all good.
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Misinterpreting information or wrongly presenting it can have damaging consequences. To however think that the prices are dipping because of the Indians is a conclusion that is over the bar and not correct. India's market volume though big is NOT solely responsible for bitcoin.
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Its not bottom yet as the market has NOT stabilized. To assume so is to pretend that you know it all and take a wrong move. The best thing to do is to wait until the market 'heals' and then you can take a dive.
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Anything is possible and the market forces to a large extent determine if the prices plummet or rocket.
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The right time to buy in my opinion is when the market has healed and is beginning to climb backup. During the dip, you can't be so sure, if you know whether it will settle or not. So buy only when the market begins to see patronage and positive turn around.
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The idea that India is legalizing the bitcoin is not yet confirmed. The bitcoin is still been traded but the reality is that the Indian government is watching it.
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The chips Samsung will be making will be for mining and this will be a welcome idea. As it will increase the mining volume and increase the bitcoin and crypto rating. Its all good
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No coin could possibly dethrone the bitcoin as the growth of other coins is somewhat weighted relative to the bitcoin.
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some folks outside of Africa might think the crypto world is new and novel entirely to Africans. But this is far from the truth. More often than not, the exposure to information and proper education catalyses the growth of the bitcoin in Africa. And while the report says that the bitcoin is widely used in south Africa, the recent poll by independent sources actually find Nigeria and Kenya leading the park and then south Africa, volume for volume. It is a good thing to see what the crypto world can bring to Africa and how this can influence lives positively
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