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The media is making the bad news worse than it sounds because they are adding some words or statements to the bad news to make it sound worse so the other people who are holding cryptocurrency with a low confidence in investing will believe to the bad news and that will cause them to lose hope and just turn into a seller.
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This is the thing that i am doing, every time i see an opportunity to share it or open a conversation or topic to my friend, relatives or any people around me about bitcoin then i do it because beside from helping them to know bitcoin and what are the good things in bitcoin, it also help bitcoin to get an opportunity to get an increase in the demand.
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Bitcoin and stock market are a bit similar because it is like the fiat currency that you are using to buy companies is representing bitcoin because it is the main currency or the primary currency that you are going to use to buy altcoins and choosing the company and altcoin is all about the same because you need to do research first to make sure that you are getting one of the best.
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The demand is the main thing why the price of bitcoin goes up and down and it is also the key for us to have a high price of bitcoin, if we will have because if we will have a lot of demand in the market of bitcoin the price will not have any choice but to just go up. Demand is also being determined by having a news in the internet like if it is bad or good.
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The title of this topic is really true and i hope that the panic sellers will do this because we don't want any panic sellers in the market and all we want is traders, investors and the last is holders because the holders help us to have a faster progress in attaining a higher price in bitcoin because the supply is being shortened and that cause the price to spike up.
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It is because the bear in the market are stronger than the bulls and a lot of people are believing that the price will continue to go down rather than going up so it means that they are believing that it is best to sell the cryptocurrencies that they own as soon as possible rather than holding them for long term because it doesn't make sense for them.
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The future of cryptocurrencies are great and bright because we can really say that because we can see that the cryptocurrencies are really doing a great work in the internet and a lot of people are now engaging themselves into cryptocurrency because they noticed the opportunities and possibilities that can be done with cryptocurrency.
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I hope that bitcoin will be accepted in every country in the world because that is the only way that i know that bitcoin will standout and become the best and most crowded type of investment because it will give a lot of demand in bitcoin that will make the bitcoin's price to a very high price which is the best type of blessing for us crypto owners.
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Many individuals agree and have the same opinion about bitcoin as decentralized digital asset, a system without a central bank or single administrator is more favourable.
But somehow, numerous citizens want also the bitcoin to be centralized, because others believes it can remove barricades and walls to allow more easily reached and democratized financial and economic infrastructure.
For you what is your own perspective regarding this matter?
Either centralized and decentralized, both of them have advantages and disadvantages as well. cryptocurrency is a decentralized currency and asset as well, this is better to keep decentralized, because crypto is a consensus network. i am personally dont want bitcoin to be centralized because it will change the value of bitcoin itself. That is right that they have their advantages and disadvantages but for me, it is more solid or better if we will be in decentralized because it will give people a lot of freedom to adapt because it is the best way to live life with a decentralized system because it is not hard to live in decentralized rather than a centralized mode of system. |
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Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin). Will the impact be positive or negative? In the Asia as a whole, crypto is likely to boom over there. Just some few months ago, South Korea retraced its statements against cryptocurrency and legalized it. It will take time but gradually the other countries will follow as they get to see the success stories of South Korea through cryptocurrency. That is true, a lot of countries in the Southeast Asia or Asian countries in overall are just going crazy in adapting bitcoin and other cryptocurrencies because they really believed to the future of the cryptocurrency or blockchain technology in general, it is a good move for the Asian countries in order to be advanced compare to the other countries that who didn't accept cryptocurrency yet. |
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Maybe I'm wrong but I have the feeling that with Bitcoin price growth we have got a lot of new users who are not honesty and passionate interested in Bitcoin but only in fast, instant profit and if they don't get it they got disappointed and give up. Some of them don't even bother to get some basic knowledge about Bitcoin and cryptocurrencies in general. That is also the reason why we see so much panic selling when the price dumps. Is that only my feeling or do you think that also?
It is true that early adopters had deep insight into cryptocurancy, and now many are entering the cryptocurancy because of rising prices, as soon as they enter it, they become interested in blockchain technology and other aspects so that they educate themselves and improve their "quality" as a user. we should be happy with their presence, because bitcoin needs them, to create a great community. Education is the best in this type of opportunity called cryptocurrency because you can become better than those people who claim that they are the early birds of this opportunity because if you will keep yourself getting a lot of knowledge about cryptocurrency then you can think wider in the future that will become the reason to become more successful than other people. |
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i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Bitcoin will not replace money for transactions in the near future. Because the government will not approve because of the lack of control they can have with Bitcoin. but the bank has its own system, especially in determining the interest. I hope you realize what you think, we will feel crowded if bitcoin is connected to the bank. That is right, bitcoin will not replace the money or the fiat currencies for transactions, it will just become a alternative or option for the other people in making payments but like i said, it will not 'completely' replace the fiat currencies. Bitcoin is just here as an option and it should not be taken seriously about being a mode of payment or type of money. |
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Having bitcoin in your cryptowallet is really a tough and challenging one since rise and fall of its market price is inevitable. HOLDING is the key to become successful and even applying the most basic and effective of all strategies of investment which is buy low, sell high.
Holding is not always the key to become successful in bitcoin because it is best for me if you are going to be strategic person because you can try investing in ICO or trading different altcoins or tokens in different exchanges like Binance, Okex, Bittrex and more because they have the good cryptocurrencies that you can try. |
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While there are several nations which are passing laws against crypto world. Thailand has entered the list of the nations which have legalized crypto currency. Thailand is mainly dependent on tourism industry. So I think it is wise decision on t he part of a country where major source of income is from tourism. So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.
I like Thailand, I think they are moving to the right directions, by the way, tourism is not their first source of income. If I am not mistaking it's agriculture. But still, it's nice to know that maybe next time I am there, I am going to be able pay in BTC)) of course they move in the right direction, even though tourism or agricultural they have moved in the right direction ... next time I want to visit and make bitcoin payments there It is a good idea and will be a good experience for sure to spend time and spend some of our bitcoins in the countries like thailand because it is one of the countries that have legalize the cryptocurrency called bitcoin and i hope that more countries will do the same things so we can just travel the world and enjoy life with bitcoin. |
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We don't need to take out the haters from the market of bitcoin because it will not give any good benefits and it will feel good to see haters regretting about what they think about cryptocurrency or bitcoin and seeing the bitcoin grows into a bigger and much better type of market and that will give them the feel of wanting to get into bitcoin.
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Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin). Will the impact be positive or negative? Bitcoin is jist starting therefore there is nothing to worry about the countries still in doubt with the capability of bitcoin. They are still in the process of studying how bitcoin works at the same time the potential and capability of bitcoin. So this thing is not impossible to happen. We can wait and see, and let the bitcoin proves itself. That is right, people in the cryptocurrency space should not worry about the countries who are still doubting and not yet getting into bitcoin because it will not bring them any kind of good benefits from it because the best thing that they can do is only mind their own business and don't give a damn to the countries who are still in doubt. |
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My bitcoin end goal is simple, i want to help a lot of people to get in touch with bitcoin so they will also experience and try the opportunity that i got into when i was just starting and i will guide them to do the things that they should be doing in order to grow their capital in bitcoin and to experience getting a lot of profit from cryptocurrency.
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The government want to kill bitcoin because of the threat of bitcoin in the market like it can easily make the banks and other traditional place to put our money lose interest from people or have a decrease on the customers rate and that will be just the reason for them to lose money and profit and that is why they want to kill bitcoin.
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I don't think everybody will accept bitcoin in the next five years. The real problem is the government, regulators, and the bank. Instead of embracing blockchain technology, they have to protect their traditional system for "small" profit.
At present, there are many governments accepting Bitcoin in their country. Some governments have yet to accept Bitcoin because they need more time to learn about cryptocurrency. In five years, 100% of the government will recognize Bitcoin as a legal currency I think it is still not enough for the other government to adapt bitcoin at a 100% rate because it is not that easy for them to understand and study the different things and great benefits of having bitcoin because it is not like a physical tool that will be easy to analyze. It needs a lot of process and research and also time. |
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"It is a bubble" that is the most stupid comment that i have heard about bitcoin and that is because it is not justifying any of their accusation because it is like think before you click, so you should think first and do a little bit of research to support the things that you are going to say so you can debate for longer time with a strong support of details.
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