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Btctalk name: Kronos21
Rank: Member
Current post count: 244
BTC address: 3Mp8nz913V9YJGWfd4SD6E51jB4XYLD7uK
ETH address(not from an exchange): 0x7320b762a7b5a23196C1423F1391e6D495399Da2
Wear appropriate signature: YES
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I strongly agree that bitcoin has many advantages. For me the advantages of bitcoin in addition to increase income as well as the right investment for a better future
You don't understand. The main advantage of bitcoin is the ability to use it to build our own economy to which the government will have no relationship. Bitcoin is freedom, but most people did not understand. |
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For me, the price of bitcoin doesn't matter. Of course when the price increases I perceive it as a nice bonus, but the main thing for me is that I can have a constant additional income in bitcoins. In any case it helps me to buy more things I needed for life.
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Blind people difficult to live in this world. They can't do without the help of other people. But for this purpose we exist to help each other. Not a problem to configure their computer and they too can earn bitcoins. Cash out and spend, and can also help carers. The main thing that was desire.
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It can improve and harm a country's economy at the same time, both are possible and it depends on the people to know how to take advantage of it's benefits.
However I doubt if any country in the world has ever dedicated any percentage of their budget in to bitcoins, because if that happens price will explode but many countries I believe secretly are accumulating by spending their hidden/ dark/ unofficial budget.
Moreover I am unable to see and understand why organizations/ governments which only exist by being a centralized system could benefit from a decentralized monetary system such as bitcoin?
There is a great opportunities can give ahead by the system of bitcoin in terms of being a source of income to people and a better form of transaction on businesses and economical transaction. SO if we are going to analyze the future of a specific country in accordance to the development and progress of bitcoin it can definitely give a good future a head to a developing county for a better source of people of earning and transaction. But I also agree that the possible effect of bitcoin to ones country also depends on how will people will support bitcoin apart on its development and growth. Bitcoin can positively affect the economy of the country. Users do not pay taxes and pulling money out of the economy. Did the same thing now the dollar. All countries indirectly support the American economy. Bitcoin can replace the dollar as an investment currency in other countries, but this is still very far away. |
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Make money from money is impossible. You can make money only from the production of goods. All other income is only a redistribution of financial resources. They take the money and create inflation. Miracles in the nature does not happen. If you are not the manufacturer then the money that you earn someone loses.
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According to what I've seen and learned about Bitcoins, the more it falls the more it tends to recover.
In lieu of panicking during the time of a dump or whatever you call it "a bubble burst", I think selling is not an option but closing your windows/tabs and stop watching is the best thing that I always prefer to do because panic will always make you take the wrong decision and you will regret in the future. It's good to wait than going wrong due to hastiness.
This is a very smart strategy, but most people do not understand. Honestly, I'll stay with bitcoin even if it will be stable. I do not trade in the foreign exchange market and therefore prefer stability and predictability. Unfortunately bitcoin attracts huge number of speculators and therefore the price reeling. |
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Actually knows about bitcoin much less people than on earth of the poor. Bitcoin can not cope with this problem. It's not his problem. Bitcoin was created entirely for other purposes. We are now seeing only the beginning of the redistribution of world income in the direction of justice.
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I rely solely on intuition. No Analytics and graphs cannot give a true picture of the behavior of bitcoin. It seems to me that people cannot rely on the opinion of any experts. In order to do trading on the stock exchange business you need to be a professional.
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Any bets on how long until it dies? The current average is about 2 years. My bet is therefore 2 years.  It seems to me that it will happen even faster. America is the main enemy of bitcoin so they will do everything in my power to save the dollar and kill bitcoin. Perhaps this exchange will become a training base for U.S. intelligence. |
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I don't trust the banks that work with Fiat. Why should I trust banks that work with bitcoin? No, the value of bitcoin privacy. Why do I have over 1.5% per year to lose such important advantages. I'm not going to use its services even if a Bank is created.
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Bitcoin is basically a currency, it is created and founded to be a currency, and in fact most people use it as currency to sell and buy things online and offline, to withdraw their earnings..
But it is also an asset because you can invest in it, trade it, and making money by holding it.
If in order to buy the stuff you need to sell bitcoins then it is not a currency. It is a sign of the asset. Just like stocks. You can't buy things for the stock. For a dollar you can buy stuff everywhere. So is the currency. |
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Hmm, I don't think so  . In my opinion I think China is the country have biggest trading volume in the world cause Bitcoin industry is very develope in here and you can easily find informations about the biggest bitcoin mining factories in the world, It's being in China A large number of miners to concentrate in China because there is a very low cost of electricity. This does not affect the sales of bitcoins on the exchange. But the Chinese very much and perhaps they just prefer to trade on Chinese exchanges. |
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Even today I saw indicators of prices at the level of 4,515 USD. Think of correction this weekend will not. The price is pretty stable. Lower prices can only be expected as a result of actions of the whales, but it's not for long. They will pay off cheap coins and again raise the price.
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I myself would have refused such a gift, but most of my friends don't want to meet bitcoin. They do not perceive what cannot be touched. I think that for them such a gift will have no value. It will still be that monkey to give the microwave.
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People hold bitcoins because that is the only way to earn extra money without having any skills in the trade. The price is rising steadily and at the moment it seems that it will never end. Maybe bitcoin will be those that will change our world forever.
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Probably it was a problem for a company that maintains the ATMs. Yesterday and this morning I was sending bitcoins without any problems and at the lowest rate per transaction payment came within 15 minutes.
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I think that the price is going up because the whales bought a lot of coins during the July panic for around $ 2000. Now they have removed from the market the coins, raised the prices and are selling them. Once the demand has decreased or they will be over the limit again they'll drop the price.
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Paper Money is the dominating power of the global markets and it will never be replaced by digital coins. So it will maintain its position in the future as well.
Yes you are right, paper many will not be replaced by digital coins for today because digital coins still doesn't be adopted by all of the people, but paper money is not good for saving values because there are inflation in paper money, digital coins can protect us from the inflation especially digital coins that has limited amount, so digital coins will be alive and survive as digital asset than digital currencies. for today usage, I'll go for paper money since there no other way yet that digital currency to use in buying basic needs instantly but in terms of saving digital currency rules. But in one day, when the cryptocurrency world's become fomular, we can use them for buy any things like paper money at now. And this is reason make us should saving our coins for future. If all the users of bitcoins will think the same as you that this will never happen. Trade bitcoin can only develop when there is turnover on the currency. Until I see that people are using bitcoin as deposits. It is also not good, but time will correct this situation. |
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I have dreams, have lots of bitcoin and money. So I can do anything for myself and my family. If i have a lot of bitcoin and money .. maybe i can buy anything i want. For the moment I am still focused on getting it all. By following some projects in this forum. I'm sure my dream will come true. I hope the bitcoin gets popular and makes me reach my dreams.
I just need to have enough Bitcoin to help my parents. Actually I help but I don't have any money left when I pay all the bills at the age of 15. I intend to save some Bitcoin after some projects. I want to have a dream house, a car and a lot of things. No one knows what will happen in the future with bitcoin so I think you need to go the other way. Buy a used car and collect some money. Then sell your car pay the extra and buy a newer car. And so the steps go get your dream. If you save immediately on the new vehicle you risk to remain without it. |
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