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Right now, I prefer to do bounty campaigns than investing. I don't want to cash out money that I'll exchange for bitcoin/altcoins, I want to use tokes/altcoins I earned from doing bounty campaigns in investing to some ICOs. After earning enough money/bitcoins/altcoins, I'll try investing too, I want to invest in ICOs with great potenrtial to grow in the future. Bounties don't give that much money for some for us living in third class/world country, it is really a big amount of money and it really helps us in our financial needs.
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I don't think there's something to be worried about this G20 you are talking about. I don't think there's connection with it and the fall which is happening to the market right now. They are still working on it, this KYC and regulations thing are not yet approved and this fall is just part of the market. We don't need to do panic selling, afterall people will regret doing it after we see market's rise again. Let's just all chill and relax. Everything will be OK just like what dogtana said.  |
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Those people are weaklings. They are afraid that their investment might be in danger just because of some dips and falls of bitcoin. They don't have any idea that this is how market works, it falls in order to attract more clients and investors, it falls because of some people are selling their coins but what they don't know is that after this fall, it will rise back again to the price they never expected. They should get used to the market. This is the reason why most people regret doing panic selling is because they think that after a dip, bitcoin will die and will never recover again.  |
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Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
Cause bitcoins might give you good future. Investing in bitcoin is risky, you need to have lot of courage and belief that it will give you good benefits in the future. It might be risky but if bitcoin happens to succeed and rise in the future, definitely you'll not regret investing in it. We all know that bitcoin is just getting started, it is now widely accepted in most of the countries that can give more investors to invest in bitcoin and will be the reason for price to increase. |
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There are some predictions that come true and there are some which do not. It is just a prediction, it may come true, it may also not, no one really knows what might happen to bitcoin. Now it is high, tomorrow it will go down, no one really knows. Expect the unexpected, this is the motto of crypto market. If it ever happens, there will be people doing panic selling and there will be new investors who'll take advantage of this price to invest more bitcoins. Well let's just wait and see.
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This is so cool!! I can now store etherium in much safer wallet where I don't need to have private keys in order to access it. It is much safer in my phone than in website. Hope it will be updated soon so everyone in the Philippines can use it.  |
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Its good that our country is acknowledging bitcoin and banks are open minded to deal with cryptos. This only means that it is safe to invest in cryptos but there are also chances that banks can now hold bitcoin and transact with it. It means that there are chances that they put regulations and limitation on using bitcoins and that is not good if it ever happens.
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Government only wants to ban bitcoin because they think bitcoin is used in doing illegal things/transactions like buying illegal drugs, but I don't think government can totally ban it. There are lot of users who benefit from bitcoin and I think this advantage of bitcoin will be considered by governments to stop banning and will be the reason to not ban bitcoin at all.
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I always believe and will always believe that bitcoin will not/never replace banks. There are lot of things banks can do where bitcoin can't and I think these things will be banks advantages in order to survive in this economy. Bitcoins and banks can both exist and be used in managing finances. They are not rivals and should not be considered as one, in fact they can and should help each other for the betterment of our financing.
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Yes, people who got involve in bitcoin during its earlier years are having lots of money now and can now be considered as wealthy and rich. They got this by holding and believing in bitcoin. Some of them may really be rich even before engaging to bitcoins but also, some of them may not be, and this is their chance to share their blessings they received by helping others and taking care of them. Doing charities is one of the most common way of helping others.
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Patience is what it takes to earn big profits but not all the time it works, you should also be wise in making decision whether to sell your tokens or hold it in its dipping price. Patience only works if you wait for your token to rise again but what you really need to know is if the company/project which released that token is a good one. If you think your token is good and has big potential to rise again, better hold it, if not, then just sell it, its better to earn small profit than earn nothing at all.
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I think both coins are good. Both have different features, different advantages and disadvantages which users like. But personally, i prefer to invest and use bitcoin than ethereum because:
1) It is decentralized. No one controls bitcoin which is a good thing cause you can assure that no one tracks your transactions.
2) It has greater value than ethereum and any other coins.
3) It is easy to transact especially here in our country.
4) It gives good return of investment.
5) Many investors use bitcoin and because of it, there are possibilities that it will grow and grow and might skyrocket in the future.
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I think bitcoin is most known/popular coin in cryptoworld. It gets more attention because of its features, and price which attracts more investors when it reached $20k, also in addition is because it is the pioneer of all cryptos that gives it more advantage from other cryptos.
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Just HODL, it is one of the ways to earn more profit in the future, you can also buy more coins to put in your wallet. It is good thing to invest more in cryptos if you believe that it's price will increase again after it fall and that it can give you more profit.
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Not all ICOs are scam, but there are also some ICOs which turn out to be scam. They get investment from investors who believes in their project but at the end, these ICOs runaway with the money/crypto they get from their investors. But there are also some instances where there are people using names of some ICOs who spread frauds. They are the ones who are scamming people and investors who believes in the capability of these ICOs. In order to avoid being scammed, we should be responsible enough in knowing what kind of ICOs we're involving ourselves into. We should know every detail in this project; read the white paper, know what kind of group this project has and know how you'll earn profit with this project. This are some ways for us to prevent/avoid scammers to take advantage of us.
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I don't think merits should be compared or seen as an economy in this forum. It should be used as a reward for someone who gave his/her effort in posting constructive and good quality posts. This is not a competition but rather a encouragement to users to compose and construct constructive and good quality posts but the thing is, some people thinks that this merits are one of their assets/products that can be sell in exchange of small amount of cryptos. Also, there are lot of good quality posts out there that didn't get enough attention and given merit points they deserve.
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If bitcoin was not invented, I think, we would not experience this whole experience we're experiencing right now. I mean, if it wasn't invented, will still be under centralized banks which are under by governments. These banks that can be controlled and banned by government whenever they wanted to. We won't be able to experience this whole lot of adventures and struggles in dealing with cryptos, doing transactions and this trading things. We won't be able to experience having our own freedom in terms of doing transactions without being monitored by government. We won't be able to feel this excitement whenever we enter in the world of trading and having lot of profits in our investment and especially we won't see any progress in our lives which is not easy to achieve by just working almost 24/7 just to earn little amount of money. These things are just some of the benefits/things we might not be experiencing right now if ever bitcoin was not invented.
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