Actually social media can be used for that too. Here in my country social media can be used as surveillance by the people. Today there are a lot of crimes or corruption or any bad things that viral first before law enforcement take action. People in my country tend to protect each other by that method if someone or some people abuse their authority to oppress ordinary people then people around them will make it viral through social media and push law enforcement to take action. I think with that app Eagle Eye the criminal act can be reduced.
The social media in Nigeria is being caged and gagged by the current government. The tweeter ban is still subsisting and the government is making more effort not to allow citizens have freedom of speech, so that can not have a easy fly with social media with the way things have gone. If the government will be sincere, then they can give support to the app and not to pull the effort of the agency down. |
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Apparently, this is the first bearish market I'm experiencing ever since I got interested in bitcoin and registered an account on the forum. For sure it was overwhelming indeed and was already taking too long even with the level of recognition bitcoin has got. I even didn't expect it to last the long but it did and to some extent it's good for the market.
Investors stepping in and some good news like bitcoin being adopted by El-Salvador could be some of the reasons for potential investors to see reasons why they should reinvest or invest in the market. Though, we can't completely say bitcoin is back towards a bullish direction. For all we know, it could be a pump for whales to take profit.
You sure have not met a bear yet and maybe hopefully this may register as the only long lasting bear you or we may see henceforth. You didn't witness the most talked about bear that started from 2017 December ending to around February, 2020. That was the bear that price fell from $20,000 to below $4,000. That bear saw many investors being trapped at the top and many sold off at loss because it took longer to revert, many lost hope hodling. For now, we may not see such bloody kind of bear because of the activities and news of adoption going on around bitcoin. |
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Well, that's a really risky investment considering that bitcoin is a volatile investment especially using pension as a capital for the investment. I hope that the investment will be fruitful though and I think it will bear big profit because it might need some time.
The only risk I can associate with such investment is that it is pension money because putting public fund at stake is not ethical but apart from that, it is an apt investment. Bitcoin is worth investing at the moment because institutional investors are beginning to show interest and the latest is Amazon. The more big money enter the circular, the greater the chances of soaring higher. |
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I read where Op wrote about margin trading and that is not good for newbie in trading, it is not only for newbies but I read also that experienced traders complaining about difficulty in that. It is a difficult thing to follow and is a part of the few difficulty experiencing in trading. It is giving hard time to understand for learners
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It is only a matter of time before the price rises above that point again, although I was convinced that it would not happen until September. But stability is not something that adorns Bitcoin, if it was not possible to lower the price below $29k, with a little good news the trend reversed - so if nothing else, all those who wondered if the bull market was over got their answer.
It is looking bright for bitcoin even before your September speculation. The wonderers and speculators may not be taking out of trend before now as we all saw it dropping in our eyes . Now things started turning around from one news to another and that has broken even $36k. The bull is gradually turning up, Elon musk is such a manipulator such that his followers are just reading to dance to his tweet. |
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Surely the $30K we have seen recently will never be seen again.
This may be a fact that you have said. Bitcoin have been getting some positive news the last one month ago from El Salvador, Vietnam and lately Elon musk tweet and the Amazon preparation to adopt bitcoin, the price seem to be living the $30,000 and now price getting a little volatile is a sign it all positive now for bitcoin and the green is coming back for altcoins too. |
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The final stage will involve the creation and launch of Amazon's native tokens.
You see this is just the current phenomenon where organisations lure invest to there business by introducing bitcoin and putting it at the forefront but later go back to develop a native currency that they can control and manipulate or declare the use of another cryptocurrency. Elon musk did that by trying to push bitcoin away and introduced dogecoin. As of now though, it is going to give bitcoin a bull direction as we have already seen in the last 24 hours |
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This post reminded me of what I heard Saylor say the other day. "You only think about spending Bitcoin because you're poor" You never want to sell first-class pristine assets. Ever. Especially the best asset in the word. It's the
I don't care if they classify Bitcoin as currency because I'm not going to spend it (in general, I can do some transactions with very small amounts).
Of course the volatile of bitcoin is mostly the cherish point that drives investment to it as many who enjoys the freedom of decision and risk taking like to put out money to the investment and asset. It is not only the asset for investment by the poor countries or individual but even rich countries and individual like the poor and rich both invest in estate and land. |
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Do you expect the IRS to adjust the way taxes are calculated if we see more predictions or classification of Bitcoin as a currency rather than a commodity?
I'm sure if they have positive report from the public on the use of bitcoin, it will guide them on there judgement about bitcoin. The public is important to get IRS to adjust info the acceptance of bitcoin. For quite sometime this discussion about the views of ITS on bitcoin but with the public making increase in usage then it will push IRS to have some consideration. |
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to day bictocin price many more increased.
now a days bitcoin price 33,912.08$.
i hope and believe that bitcoin price will be up 35,000.
but we have few time waite.
This is not going to be a surprise if the price of bitcoin goes beyond $3&k even by next. After some positive tweet from Elon musk , the price of bitcoin came up from $31k and now getting to break the $34/35k area. I believe by the new week, we can as well be racing towards $40k probably. |
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With your age , You have done a good thing to put your money on cryptocurrency I commend you on that. I want to suggest to you that since you have a long way in life and you may not have a rush to sell or urgent need for money, you can invest in cheap coins with nice volume and hodl for long term. Stellar, curio, cartesi can be a good choice.
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because i understand that trading can equally caused big amount of lost or neither profit if not well handled,
This is why it is called trading. A good trader doesn't look at loses first but the potential of gains before loses and that is why they call Return On Investment (ROI). ROI is why the rich keep getting rich because to look for and research on how the probability of profit is near. Yes trading is risky but it is just risky like any other business and the most riskier is not taking the risk at all. |
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Only price ranges close to ATH could be considered as a true bullish signal.
Sorry such expectation may be a far imagination of the reality. That area of bullish to ATH could be the time near the next halving or after the halving just as we saw the last halving taken bitcoin to $64k. Halving or Elon musk positive tweet are the few factors that can rise price to that level. This is a personal opinion or believe though. |
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Meanwhile, price goes down and goes up quickly; we must see to it that you're in an optimum level of strategy which sees to it that buying and selling ability will be handled and tested for good
At some point in market movement, no particular strategy is good because it ulters every signal you are expecting but except the strategy can spot the trend of market price, then you can be in profit. Looking for trend is what helps for you to make profit but if you stay against trend, you can be sure of no profit or increase. However we need to buy at low prices and not chase the market. If you are late, just relax and not chase the profit because it will come back. |
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The embargo won't be the reason for the Cuban protest because it has been long that was happening. I rather think that Cuba just like Libya and some African countries are facing authoritarian and dictatorship government , this is the problem. When a government becomes Lord not to listen to people or give them some freedom, you expect outburst from the public one day. A Communist that tend to control everything and makes more effort to control the air that you breath is Doom to fall someday because global civilization is sweeping through every continent and nation. So you expect unrest often from such system.
I agree with this one, it's the authoritarian government that is the problem but I also like to add that it's also the fault of the people for having that kind of government because they're the one that puts those people in place or they didn't resist when these corrupt government instilled themselves as leaders. A corrupt system or government has no regard for humanity or human lives. If you say the fault is with the people for not protesting against bad government or voting them in, it may also shock you that people's votes don't in such system and the government would do everything to shut people's voice down including the use of military to fire on unarmed and innocent people on peaceful protest. |
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Yes, now the market is not entirely disposed to trade crypto, but even now it is quite possible to try. In my opinion, with the right approach, the result may well be positive.
About trading cryptocurrency, there no time that is not good to trade it if you can have the techniques for that, whether bear or bull, there are profits to make for those who understand it. In bull trading for example, people still make losses despite the season you can make profit for those who understand trading. |
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Binance looks more focus. I have read the CEO hyping the coin to go pass bitcoin and whether this will happen is for time to tell but binance coin has come to light because of the exchange that is one of the giant in crypto exchange. It has the hype of the exchange so I think it will continue to get attention more than litecoin. Litecoin has not been very active and creative lately on like etheruem.
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Arguably with bitcoin on average doubling every year any time is good buying but now is a superb time to buy. And who knows when or if ever again the stars will be so aligned.
(this is not financial advice)
On the average, more people have speculated more drop for bitcoin than those speculating higher. No doubt that bitcoin has been struggling to get out from the bear zone only waiting for positive news to change all the down speculation. All we can do is to predict but I understand that big buyers have a role to play on this if they enter the market with big buy. Bitcoin has the history of dropping after the bull and someiit takes more than a year to come back. The current price of $32,412 has shown the rate of struggle not to go beyond $30,000. This time is still good for a buy because nobody knows when the train will kick off. |
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i'm an investor, not very trading savvy, just buy Bitcoin and some Altcoins for long-term. How about you friend?
The investor, trader and speculator are same IMO. Before you become investor you must speculate price direction which could be a reason to invest. Also, when you buy and hodl, you are also investing. Although for a trader, it should be faster turn over rather than a hodl who intends to hodl for long but I consider both and the three as both doing same thing. Therefore, I practice them but investing is substitute for trading. |
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The embargo won't be the reason for the Cuban protest because it has been long that was happening. I rather think that Cuba just like Libya and some African countries are facing authoritarian and dictatorship government , this is the problem. When a government becomes Lord not to listen to people or give them some freedom, you expect outburst from the public one day. A Communist that tend to control everything and makes more effort to control the air that you breath is Doom to fall someday because global civilization is sweeping through every continent and nation. So you expect unrest often from such system.
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