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This is not surprising. I expected lower prices. Only I'm sure this year will be another surge. But the statistics are interesting only for those who engaged in speculation on the stock exchange. I don't do that and so I will delight the price is even $ 2000. For those who forgot, I remind you that at the beginning of the year, we were happy that the bitcoin reached the price of $ 1,000. Human greed is limitless.
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I even like that the price of bitcoin declines. Maybe then people will realize that bitcoin is not a tool for investment. This is primarily a currency. We earn more money if bitcoin will have a turnover than keeping coins in the wallet and inflating the bubble.
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I don't understand why people are so weak. Life your government humiliates and robs and you expect him permission to use bitcoin. You first had the opportunity to put pressure on the government and are waiting for his permission. Lol!!!
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Charlie Lee: China Bitcoin Mining Ban Rumors are False. Litecoin creator Charlie Lee says a trusted source has told him that China will not ban bitcoin mining operations or the bitcoin network. He says the rumors are being propagated by large-scale traders who are attempting to manipulate the bitcoin price. https://t.co/1VOP6LZ4xD so bitcoin to the moon, that's will be impact on the price of bitcoin. I thought about it from the beginning and therefore didn't sell any coins. Only this has reinforced my conviction that the need to concurrently earn Fiat. Then we can calmly wait until the price will go up and all attempts of speculators to destabilize the market will have success. |
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I hope that the government in India have a positive outlook about bitcoin and not only focusing on money laundering that even without bitcoin there is already money laundering happening globally. Digital currency is the future and Japan knows it, I hope India sees it also.
I have heard many times that Japan legalized bitcoin but have never seen documentary proof of this. I think that the same can be said about India. People often do not see reality but only what they want to see. I don't want legalization. I was quite happy with the status quo. |
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I do not expect significant changes in price. A lot of people take seriously the possibility of the influence of prohibitions China the price of bitcoin. This is stupid. There will be no Chinese will be others. Who would refuse the chance to earn. All countries have problems with the economy. Let the Chinese worry as they don't lose their income. I'm just glad that China will lose its leadership position in the cryptocurrency market.
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If bitcoin will be easy to get people then it will have value. When you receive payment for their work in bitcoins is also an investment. Only this attachment in another form. People don't understand the value of bitcoin and therefore think that there is a way to extract it without difficulty. This is not so.
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I think it's fake. As far as I know in North Korea, problems with the Internet access. May be this is done at the government level, but it's easy to track and I think that if you want the Americans will stop it. China has always had close ties with the Koreans and maybe the Chinese will eventually establish the mining in Korea if the Chinese government does not cancel its ban.
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You can't continuously accumulate their savings. To ensure your living needs you will still have to sell some of their bitcoins. I think Part of bitcoins should be used as a reserve Fund? part income and part purchases. Then you will be fine.
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China is growing its economy and strength rapidly as compare to other countries of the world, it will be possible for china to become a super power if they continue to grow like this. Some of the reasons that why it is going to be next super power are,
1. China is one of the biggest manufacturer and exporter of different types of goods all over the world.
2. Its economic growth rate is 9 percent since 1990.
3. Having large military
4. Massive workforce
I agree, but actually china has a main problem in their country that have never to be solved until now. Its a unemployment issues. Because of the huge population of its country, the goverments are difficult to provide enough jobs field. So the value of china unemployment are increase year on year. I think they need to fix this situation to become a super power country. governments have no obligation to give enough jobs for all their citizens because it's impossible to do that. many countries that have so many population always facing this problem and until now none of them could resolve this because there's near to zero possibility, population always increase by the year and the percentage of birth rate increase aswell. it's like trying to clean your field from grass but the grass just keep growing and reproducing again. You are wrong. actually this problem is very easily solved. It all depends on the population abundance and level of education. The higher the number the lower the birth rate. This happens because people want to give their children something that was not themselves. They want their children to live better. |
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Why do you think that without China bitcoin will become weaker? China's only territory. The Chinese will never give up the income associated with the use of bitcoin. They just need time to get around the prohibitions of the government.
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Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
i think theres no factors can destroy bitcoin, because most of people now are getting/they want to involve in bitcoin by investing their money on it. they can earn more profits day by day from bitcoin. so why do they want to destroy it if those profits that they can earn in bitcoin is more than what they can earn on their own job. It seems to me that you are not right. The people themselves destroy bitcoins. who said that bitcoin is an investment project? This is the currency. We see limited turnover of bitcoin. This is bad for any currency. Saving your coins we pumped the bitcoin speculative money and build him a pyramid. It can overwhelm us with its wreckage. |
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Almost all bitcoin members knows that holding is the safest and maybe one of the best strategy that many users is into. It doesn't needs skills and much thinking it only needs patience and good wallet to stored it. Look so easy but a complicated challenge in yourself control. Patience is a virtue as what they say and trust is a must, In yourself and in bitcoins future value.
For those who hold bitcoin since it was very cheap is lucky. Because I am confident price will reach high or increase, yes I agree needs patience and determination that you can earn in bitcoin. So I am for hodling my coins in my portfolio, beleiving in and we can be rich in time with bitcoin. People who have the bitcoin for long periods,will have the treasurer. The price of bitcoin will reach the value of 5000$+ at this month end.so you can inverse your money in bitcoin now.Even you can hold,if you not want the money for use and sell later to get the double or triple of profit. I think that's a bad thing. People should use bitcoin not as an investment. Must be a turnover of bitcoins. Want trade for bitcoin and needs to be offers of payment for work in bitcoins. Then bitcoins will be faster and will be distributed at all. We are turning the bitcoin bubble. |
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It was a big mistake when the Chinese began to dominate the market bitcoin mining. Such actions, bitcoin was really at stake. It certainly can't stop bitcoin, but some difficulties will create. How many users have lost their money because of the landfill? I hope these mistakes will be considered.
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Bitcointalk username - Kronos21
Rank - Full Member
Current post count - 277
BTC Address - 3Mp8nz913V9YJGWfd4SD6E51jB4XYLD7uK
ETH address(not from an exchange) : 0x43080408BB40A0c1405057Fdc9A325c69148BA45
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But what about traditional banking services for cryptocurrencies? Let's say you will have opportunity to get loans in BTC or ETH, or you will be able to deposit them earning an interest? Or, for example, if you have an application where you have access to both your wallets in BTC and ETH and additionally you have an access to your bank account and you can translate funds back and forth without any problems?
Lol! Show me the idiot who agreed to take out a loan in bitcoins! Imagine the situation when you this year took out a loan in bitcoins at 1000 dollars, and will give next year to give you $ 5,000. As you 500% APR? This is without taking into account the interests of the Bank. |
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If there is a pending trade on the Internet with bitcoin we are not threatened by anything. Let the government tells everyone what they want, but they won't be able to do. Governments don't like offshoring what? They have nothing to do with them.
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I use Xapo. This is a very simple wallet. If you are listed then you can chat in the wallet to change bitcoins to the dollar and Vice versa. It also gives a small income. Sometimes due to the lack of payment for this transaction even more profitable than through the stock exchange.
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I think it's an exaggeration. We know the capitalist countries in which many poor people. For Example India. And we know that a socialist country like Sweden where there is poor. The number of poor in the country depend on the fairness of the distribution of monetary resources.
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This situation leads to a dead end. The miners want to make money and therefore don't want to charge for the transaction was declined. On the other hand, the number of bitcoin users is growing and this growth will continue. For the development of the popularity of bitcoin need to reduce the transaction cost but increase the number of transactions. This problem must solve fork.
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