Because they are afraid if allow people to use bitcoin they use it for illegal purpose. Mainly the government face tax problem, there is no tax for bitcoin money in many countries. The government cannot control the bitcoin because it is a decentralized currency. Another reason if bitcoin allows means it will dominate the local fiat. People are ready to invest in bitcoin only not in local fiat. The profit of bitcoin will be more than local fiat.
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I think it will take time to happen not this year, because the price of bitcoin and other altcoins are very low. If bitcoin price goes down automatically ethereum price also goes down. It will take some time to reach this value till that we have to wait with patience. Because now many icos are opened based on ethereum. This will make the ethereum more valuable than now. Just hold the ethereum it will cross $200 in future.
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Bitcoin has a bright future, the one only first crypto in the market. Still it is in first place no other coins didn't replace the bitcoins place. So we can invest in bitcoin will give more benefits. Once the price of bitcoin is very low we can buy at that time. And hold it for future surely the price will have tremensous growth by the end of this year or in future. We need a patience to wait until the market returns and it makes the bitcoin value increase.
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I want to invest on both bitcoin and Ethereum, because both are valuable investment. Bitcoin is for both short-term and long-term while ethereum is good for long term only. Now the price both coins are very low we can buy ath this time. It will be more helpful in future, because the value of both coins will have bright future. In future both coins values will be increase very high. The profit will be more once the price will increase rapidly.
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It purely based on the country which you live. Now so many countries accepted bitcoin as legal. Many countries allowed people to use bitcoin for purchase. Some countries allowed their people to use bitcoin with some limitations. But at the same time many countries announced bitcoin as illegal. Hope all the countries will accept bitcoin as legal in future. In my country bitcoin is legal government put some rules to traders only not for people.
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Nowadays crypto become more popular day by day. People are aware of crypto and ready to invest in crypto due to its high profit. So the government also now legalizing bitcoin for their people. If bitcoin will be legalized the economic growth of the country will have high growth. Due to this reason many countries now accepted bitcoin as legal. Now few countries legalized bitcoin with some rules to use. In future many countries will be added.
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Litecoin is the best coin to invest, it has a high potential and promising coins. But Litecoin is suitable for long term investment only. But the growth of the coin is very slow we didn't expect immediate hike in price. Now the price of Litecoin is very low so make this opportunity to buy this coin. And hold the coin for long term surely you will get more income than you invest. We need a patience to hold it for long term.
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All time best coin to buy is bitcoin, now the price of bitcoin is very cheap so buy more bitcoin now and hold it for future. The profit will be more once the price will have huge growth. Other coins such as Ethererum, NEM, NEO, ZCash, Stellar. Altcoins are good for long term investment check the growth of this coins in the coinmarketcap.com and invest on these coins. Surely the profit will be more in future but need patience to wait for long time.
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Yes ofcourse bitcoin is starts to recover the price of bitcoin is slightly increase for past two days. At the same time little bit decreases also. After a long time the price have some growth. If it continues in upcoming days the bitcoin holders will be very happy. We need a patience to wait for holding bitcoin for long term. If you have bitcoin just hold it for long time it will give more benefits in future, once the price will have huge growth.
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Due many negative news spread about bitcoin makes people to lost their faith in bitcoin. This is suitable for new crypto users. Long time bitcoin users never worry about this. These are the reasons the price of bitcoin is falling. Increase and decrease are common in the market, so dont get panic when the is falling means just buy more bitcoins and hold it. In future the price of bitcoin will have tremendous growth.
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Sure bitcoin will not perish, we all know about bitcoins growth. Bitcoin holds lot of users meanwhile the price of bitcoin would have decrease drastically. That's why people are now afraid about bitcoin and they would say bitcoin would die. But this is not true, the fluctuations are common in the crypto world. Dont judge the bitcoin with price up and down. The price will increase for that it needs some time. Bitcoin will not perish just hold the bitcoin and future will be bright.
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It depends upon the person, because we cannot suggest the coins. Sometimes it leads to great loss. So make your own research, otherwise go to coinmarketcap. Select the top ten coins among that choose which couns have growth. Check the recent growth of the coins and try to invest in that coins. Split your investment into more than one coin. Then only you can able to manage, if one coin values goes low means other coins will help you.
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No the bull run of bitcoin not began, because the price of bitcoin starts to increase before two days. But again it would decrease, for bull run market it will some time. Slowly the market will recover, now we cannot predict when the dump and pump are occur. Just wait with patience and watch the market move. According to that we can plan. But sure the bull run will occur by end of this year.
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In India bitcoin is neither legal nor illegal. RBI announced the peer to peer transaction. But still people in india are using bitcoin as legal. But we cannot purchase anything through bitcoin, for that you have to use local fiat only. Indian government have a plan to introduce their own coin, if it happens bitcoin also legal. Now in india bitcoin investors are more so they never to allow bitcoin to announce as illegal.
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I dont believe this will happen, bitcoin is the first cryptocurrency. From starting itself bitcoin is the king of cryptocurrency. Years are passed but still bitcoin is in the first position. Ethereum is also very high potential and promising coin, but it will not pass bitcoin in 2019. Not only in 2019 never it will not overtake bitcoin. If we see individuallay ethereum is one of the best coin but compare with bitcoin, bitcoin has more power than Ethereum.
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It will reduce upto 4k but again it will increase, from 2018 starting itself the price of bitcoin have no significant growth. If it increases little suddenly it goes to decrease. No one cannot predict the market. I think it will not reduce to below 4k. By the end of this the bitcoin price will have some huge growth. Once its starts to rise no one cannot stop the growth. The growth will be tremendous one, so all expect such growth only. Soon market will recover and bitcoin starts to boom again by the end of this year.
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Every year we can this situation this is not new to market. If the prices are falling means it is very good, because we can buy more bitcoin at low price. If it goes low means there will be more chance for high pump in future. For past two days the price starts to increase but again it goes to decrease. At the end of july or august the market will recover all are expect this only. But sure bitcoin will not cheat its users, surely the pump will happen in near future.
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Now there are so many good wallets are available, among those i would prefer some of the best wallets. Iam using coinbase wallet for long time. It is very secure and safe wallet to use. The transaction speed is very high when compared to other wallets. The transaction fees also very low, so many bitcoin users use this wallet. Now it supports segwit address. Other wallets such as Green wallet, samourai wallet, Electrum wallet are also good to use.
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This is a very good news, i also heard that Belarus government accepted bitcoin as legal. Now there are so many countries negelct bitcoin, at this situation Belarus acceptance will make other countries also to look in to crypto. So many countries now accept bitcoin as legal defenitely the economic growth of that country will be rapidly move fast. Day by day the blockchain technology will get more popular. This makes bitcoin also more famous.
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Btctalk name: Hannahanto Rank: Fulll Member Current post count: 602 BTC address(No BCH): 1KgZXaWb28YBakNHm39HTfB4HBnZietrbS Wear appropriate signature: YES Wear avatar: YES
Hi Sir, continue to work with you. Thank you
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