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Porn sites accepting bitcoin is not a big deal. When popularity increases, automatically implementation of bitcoin into such porn sites can be seen much than the past. Right now the problem is most porn sites have been providing free service and countries have started banning porn sites.
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i think bitcoin is already an international currency because i see that nowadays bitcoin is acceptable in everywhere and bitcoin transaction is very faster than other currency and we can say that bitcoin is already international currency.
I agree with you could see bitcoin users already spread all over the world, almost every country may have bitcoin users, it means bitcoin can be used in all countries, and it proves that bitcoin is an international currency As mentioned bitcoin from the day of existence had served as a international currency with its transaction taking place crossing borders with the reduced processes and transaction fees. Only thing is that it is not regulated by countries because of decentralized system. Now on experimenting countries have been making plans to regulate within countries. Such move help bitcoin to be announced as international currency. |
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Black Fridays won't make much impact upon the price of bitcoin. Possibly bitcoin as a potential currency gets more circulation among the users in US as well in the darknet marketplaces. Minor Price variation happens, but it sustain long.
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If Bitcoin is set to be just a replica of gold, where is innovation here?
An innovation does not need to be a complete alien thing. Gold was a successul medium of exchnage of olden ages. So, obviously its replica may get more possibilities for similar success. I meant to say, if money is a product of innovation, then a latest inclusion in that series must be bitcoins. When centralised currencies are in dominance, bringing up decentralized assets (even if it is an existing one) must an innovation. That's true, bitcoin being decentralized and getting such a big acceptance and adoption is just due to the uniqueness it has got. Without doubt bitcoin as a currency and alternate investment is truly a best innovation of the modern and digital world. |
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So, what do people around you (relatives, co-workers, co-ed, friends...) think about Bitcoin ? Please, indicate your country, so this way I'll be able to make a synthesis about what people think about Bitcoin. For me : I come from France. My relatives think that it's criminals' tool and that since they can't touch money they don't trust it (note that those same persons are pro-banks, where you can't touch money). My friends think that it is useless and that it has no future. Both of them agree that scare them the most is the Bictoin's price volatibility. So not so positive  . I hope that you aren't in the same situation. i am from indonesian , not many know .. few person know but their opinion bitcoin is gambling Yeah, in most of the countries only very few users were aware of bitcoin, also in that most users prefer gambling with bitcoin. For this reason more and more users believe that bitcoin is developed for gambling and stay out of it. |
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Bitcoin as a digital currency gives you better business when services were provided for bitcoin. How it works is based upon the attention grabbing from bitcoin users who have been thinking long to get services for bitcoin.
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I totally know that feeling, it is like we are introducing poison or illegal things to them, they really consumed by the news and under estimate the bitcoin potential, i think it is their lost not to know bitcoin, and in the next 5 years the bitcoin community will grow bigger and we will be enjoying our bitcoin result and all of the one that missed the bitcoin is going to regret it
The reason we're all pushing bitcoins is to make maximum profit after converting to fiat. But if the whole world turned to btc, there will be no fiat to convert to and there will be no profit. How enthusiastic will you be about btc by then? That is only your assumptions and in no way fiat will be gone. The banks are only recycling the money, once they take it they can always lend it. I think it is not realistic. I don't like the idea that bitcoin will be worldwide an be use by the people, there's no equality on that and that will only happen if the government will loses it's power. Bitcoin getting into use worldwide is a good idea, because the transactions can be made with much ease and the dependency over the fiat gets reduced. Another thing is that governments will plan to regulate bitcoin for their better economic growth. |
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Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
This is really true if you really want to earn big then try to put all in your bitcoin or money i just always playing with high bets and getting high profit at the end and then i never tried to played again if your lucky to gambled just for once then don't push your self to played hard in gambling. Placing higher bets is the best way if you've good amount as backing. When you plan of making good earning or rich in a short time placing big amount is not the effective one. Because it has got highest chances of losing too, so one might lose if prediction goes wrong than expected. |
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No specific problems were experienced because of the users who hold small number of bitcoin, only at some rare instances when big whales hold a huge volume it affects the price and circulation. Even while holding if a small amount were spend regularly growth won't be affected much.
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Bitcoin is not controlled by a client. It's purely interlinked between network, so every data transaction gets added to the public database. The technology backing has a open source coding, so that it can be developed based upon increased security. Also confirmations got from various nodes make it more secure.
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Recent days darknet marketplaces have got lot of drug trades for bitcoin with increased offers on making multiple purchases. The current offers were based upon black Friday. Even for bulk orders they have been giving reship and return options for few drugs which has got medicinal values.
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the danger of cryptocurrencies is I think the price itself because it is very volatile and yeah be carefull of hacker
its your personal security that you needed to adjust but with the whole community i think cryptocurrency already have their security being secured enough. Bitcoin as a form of currency, investment and transaction processor is highly secure than the centralized banking world wide. If it is not secure countries won't make plans to regulate bitcoin within their country. |
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It affects the adoption as well the price to higher extent. More users were into bitcoin to avoid taxation, if taxes were levied surely the decentralization gets converted to semi decentralized. Users identity and transaction details too will gets revealed. Without doubt a big percentage of potential loss will be experienced.
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That's a step forward in the growth of bitcoin as well a positive response in a country where the currency has lost its value. Now in this worse financial situation if bitcoin is accepted as their countries own country, then can expect good growth in bitcoin as well in the country's economics situation.
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I would have to say it will be over $1000.00 next year. People are already starting to see the value in bitcoin, especially in poor countries where the fiat is weak. I have seen so many videos where people are using Bitcoin instead of there fiat that there country is providing.
Whenever a country has problem in their currency, btc will be a good talking pt. Just like usd in the past with oversupply. Later on it is the rmb, and now it is about the rupee. So more and more people are starting to lose believe in their own currency and this is where btc can shine out the most. That's one way by which bitcoin gets the attention of common people. But people who on such situations getting into bitcoin really with trust won't enter. The reason is that we have got very few in number of users compared to most other currencies used worldwide. |
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Traders from India has been using the situation in a way to make good earning. Because it looks like the currency is getting devaluation due to the decreased circulation than required. It is a good plan to reveal the people holding lot of black money, but the method of implementation got failed.
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If you are planing to quit trading do it while you are winning and earning. Maybe that sounds strange but otherwise all your efforts will be for nothing.
And you must know that loosing is also inevitable part of trading so don't that be the only reason to quit. But if you haven't found yourself in trading and you haven't got the feeling and pasion for it then is maybe better to stop.
I think it is not such a good decision to quit trading, as trading is a risk and winning and loosing money is part of trading, if you are really losing money in trading continuously then you should change your strategy but leaving trading is not such a good decision. Instead of quitting why not think about sharpening trading skills and re-start trading. Well said, quitting trading doesn't look to be a wise decision. The reason is that regularly price variation is happening to some range. So this looks to be the proper time to make good profit. As few users suggestions if profit to the expectation is not earned can try with different strategy, as it is also a good time to experiment your strategies. |
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Whether its a small scale miner or large scale miner, other than for daily needs or emergency needs its better to save to get a good profit. The reason is that the price never expected to move down than going towards the rise.
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Spending bitcoin is possible to higher extent through internet. Another important thing is that users who were much into gadget shopping can spend effective through purchases. Little by little more stores with lots of products were accepting bitcoin for easier accessibility.
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Right now bitcoin has been getting more and more popularity compared to the days of its existence, so even in any business adding bitcoin service helps a lot to earn. Other than this offline exchange service with bitcoin seems to be the best to earn good.
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