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Bitcoin bring me a lot of damage in terms of profit and capital because i am in a deep loss since i got my bitcoins when its price is just high as the price of december to january and now it is in a deep dump which is very frustrating but i believed that there will be a time that bitcoin will comeback and relieve the stress of the people who bought bitcoin at a low price.
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It has had an enormous impact over financial market and society. Many invest money in it to earn profits, therefore redistributing the capitals. Bitcoin was invented as a new method of payment, thus facilitating domestic and especially, international commerce.
and this can happen if bitcoin can be accepted by many countries in the world and if not then bitcoin will be a new payment method that bitcoin will be difficult to affect the global economy because of the small scope At the same time, if bitcoin become the worlds first virtual currency, or just even a worldwide currency, it will be like we are united, where there is only one currency uses. It will not discriminate other poor countries because we all have the same currency, unlike today that USD is the number one. But if it happens the improvement of economy will be worldwide and there will be no one left behind. Bitcoin is already the very first virtual currency and it is not just a normal currency because it is a cryptocurrency with a lot of benefits and unique characteristics and features just like volatility that someone may find profitable or such a good feature for a currency because they can take advantage of it to make more money. |
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It really takes a lot of courage to invest in encrypt money, because the market is an immature market, and the price of bitcoin is fluctuating every day, which is easy to let you lose everything.
Of course it takes courageous act before you finally invest in cryptocurrencies because if you will not take the risk and be brave to make a change in your life and do something new in your life then you will just get stuck at your ordinary life and there will be no extra ordinary that will come to your life and you will be living the mediocre lifestyle. |
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It depends on you if you want a cash flow or a capital gain, if you want a cash flow then go for properties because you can use your properties for rental and that will be the best option for you to have a continuous cash flow but if you want to have an asset or an investment that will just give you profit in long term then go for bitcoin or other investment.
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As the cryptocurrencies will be accepted in a lot of countries then that is when more regulations will come because that is how the government will react to the growing cryptocurrency because they want to set limits to avoid abuse and other unnecessary things that they don't want to see.
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All of the things in the world have its own future but we cannot tell if that future is great or not because it depends on the progress of that thing that is going right now. If the progress of bitcoin is good until the next few years then we can expect that the future will be good also, it is about now that will dictate the tomorrow.
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Don't worry because i think that in the future, those countries will remove the ban from bitcoin because they will see the other countries that goes into bitcoin are now happy because of their profit that they are making so they will not ban bitcoin anymore and they will do the same thing just like the other countries did.
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There is no benefits for you if you are going to just stay at the prediction and depend on them because there is no possible way for you to continuously make money by just depending on the market prediction and you need a lot of work and you should rely on yourself only so you will not regret your decisions in investment.
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It may happen, but it's a little difficult in the implementation, we all already know that bitcoin prices are very unstable and can rise or fall in time. Then the bank will apply the value of earnings to bitcoin deposits, I think this is one of the facts that will be the consideration of banks in receiving bitcoin deposits.
For me, it will take a lot of time before the banks will receive or accept bitcoin deposits because they don't want that volatile type of currency to receive as a deposit because if they will receive that then even after they receive it, the value might change and they might lose or get some little profit which is not the best for them. |
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If you will compare the movement of other coin to bitcoin the other coins are much faster when it comes on moving up and moving down, That is why I prefer to invest in other coins than bitcoin. I think that bitcoin is not moving fast because it is already high and alreaady reached the stable point.
I get your point that it is better to invest in other coins compare to bitcoin but you should remember that bitcoin is the mother of all of the cryptocurrencies and without bitcoin then there will be no other coins in the market and that is why it is best for you to just be educated that it is still better to have bitcoin in our wallets with other coins. |
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Safety can come to the bitcoin investors, even though it is either safety on investment and safety in keeping your investment. You can have safety in your investment if you will be careful in choosing what price are you going to get into bitcoin and you can keep your investment safe by having your own cold storage and not trusting other people.
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Bitcoin needs approval because it is a serious currency and it is not like a currency that will not give effect to its users and investors in a country because bitcoin can affect the overall country if there will be no careful decision making so it takes time before bitcoin gets an approval because the government do a lot of research first.
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I don't think so because bitcoin is now having a lot of competitors in the market and that is a sign that the cryptocurrencies now are getting better and better than before and it means that the bitcoin might have some difficulties maintaining its rank because there is a lot of cryptocurrencies that could possibly surpass bitcoin in the next 10 years.
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Yeah yeah reality truth people confidence bitcoin gives better lives and earning look at now the value of bitcoin in the coinmarketcap faster pumping this few days from 6000$ to 7300$ price rebound hoping this is the time again bitcoin going into the moon.
I'm not here to break the happiness of the people who are now earning in bitcoin but i think that there will be a correction first before the market goes and continues to go to the moon because that is the pattern that i saw in every market that if there is a huge pump then there will be a correction first to avoid abnormal growth. |
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It is true that if you want to mine bitcoin then you need a lot of money because the equipments or the mining rigs for bitcoin is not that cheap and you need to invest a lot of money and you need to wait for a medium to long term if you want a good return because it is not like the other investment that you will be gaining a lot of money in your first month.
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This will lead to recession. In case of Bitcoin and alts.. If everybody holds , the price goes up.
Hodl is an indication that people learned and cannot be deceived by the price decrease and get panic and will eventually do a panic selling.
It will make the price go up but it is not a good thing to see a cryptocurrency or a market to grow so fast without having correction and other types of natural things that is happening within the market. It is about having a natural behavior for a market because if it will just keep going up then it will just make the market not trustworthy. |
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This is really true and we are now seeing that bitcoin is not waking up after a long period of sleep and that is the sign that bitcoin is unstoppable and it can't die just because of the FUDs that the manipulator and other people are spreading in the internet, bitcoin will now start to move up and it could go and break the latest all time high.
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What is the aim of such a phone? Which problems in the phone industry is it going to solve? Are such phones going to be produced just because we want to run everything on blockchain?
It will be very interesting but I think they should solve a particular problem that the current phones are not solving.
I think that the purpose of having a blockchain phones is to offer a safer and more decentralized type of smartphone that every people can own because we all know that some of the smartphones have a loophole that a hacker can penetrate to get information and that is where the blockchain phones will come to prevent those things to happen. |
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When no one will sell then that means that there will be always buying in the market and after they buy then they will just hold for long term and that will make the price higher and higher and at the end, it will just make bitcoin one of the most expensive thing in the world which is not a good thing because it will not balance the market and it will not have a natural growth which is needed for a strong market.
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I think It's proof that bitcoin is still alive and that big business man uses it.If they see the potential with it why not?He is very silent and certainly will not regret that his value will increase again.At the moment I am sure many investors and business people are interested in bitcoin and with more research I know all of them will eventually try to invest in bitcoin,the Chinese government still prohibit its people from joining the media and activities outside their country.for some reason.
Yes, you are right. That's very good news, investors are increasingly interested in cryptocurrency. Bitcoin in China is very crowded. Even the Chinese government is wary because its people prefer bitcoin as an investment. I hope that the Chinese government will accept bitcoin as a legalized currency because in that moment, chinese people will not be worry for investing in cryptocurrencies because they know that their government already recognized the cryptocurrency and there is a law or order that is backing up their support to bitcoin. |
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