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Despite of the dumps and other things in the market that is negative, bitcoin is still doing its best to prove that it can surpass the different negative things and problems that it will face because it is not that big deal for bitcoin to have a problem since all of the problem has its own solution and we just need to be patient.
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Anonymity for me, is a normal feature for a cryptocurrency since most of the altcoins in the market only follow and copy some of the popular features of bitcoin. Bitcoin will not kill itself because government can still build a regulation order for bitcoin that will help the other people to be in a safer state and also it will give them a chance to catch those illegal users.
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Bitcoin brings to its users a chance to make money and keep growing their money because there is a lot of things to choose from in the market of bitcoin and with the use of bitcoin they can try and put their bitcoin into another type of coin which is called altcoin that can help them to create more money and make a lot of profit with it and live the lifestyle that they want.
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Bitcoin can die 100 times, and rise with 100 times we are just seeing a bad period right now but sure we will get past this inconvenience and Bitcoin price will be strong again next year...so stay positive!
If bitcoin will fall 100 times, it will rise 300 times or even more. That is how powerful is bitcoin and for sure we will have a stronger type of investor, trader and also market in overall for the incoming few months. After this bear market, we don't have another way to go but to just go up, bitcoin is not dead, it is just giving opportunity to other people to accumulate more bitcoin. |
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I think the reason why bitcoin is the safest system because there are systematic and trusted company in this industry because their ability is proven to the public that’s why there are safest.
There is no company here in bitcoin because there is no people, organization or even government that owns and backed bitcoin. Bitcoin is just a currency in the internet and it is the safest because there is no direct hacking issues to bitcoin unlike the other cryptocurrencies like ethereum that got hack a lot of times. |
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There is only a few schools in some countries that actually accepting bitcoin for tuition but most of the time, schools in most of the countries are still preferring the cash because it is hassle free for them because unlike the school who is accepting bitcoin, they need to convert it and there will be less for fee and other charges before they get it as a cash.
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Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
Countries have contradicting views about Bitcoin because they have different laws on one another, but Bitcoin is the next big thing after the internet, so we can expect to accept this technology in the future but maybe with regulation that will make it adapt to their laws and regulations. The countries doesn't have too much option for bitcoin but to accept it because that is the future of our world, with blockchain we can build more fancy things for a better life. Bitcoin is one of the example of the things that we can see in the future so the countries right now might be against to bitcoin but it will take a few time and bitcoin will get fully accepted by all of the countries in the world. We just need to be patient. |
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Nothing to worry about because it is just temporary and if the government in Nepal will see that bitcoin is keep on progressing and reaching new milestones and achievements then they will reverse the order or law about bitcoin and they will unban bitcoin and make it as a legal currency in their country just like Japan did on bitcoin as a full legalized currency.
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I think bitcoin is both an asset and a currency. What some people who see it merely as digital gold are failing to take into account is that once the Lightning Network is fully rolled out, microtransactions with bitcoin will once again be possible.
It is indeed a currency and an asset but bitcoin cannot play both role because currency means that it is being used as a mode of payment while bitcoin is just being use as an asset because it doesn't have the reliable network and the fast speed of transaction that the people are expecting for a cryptocurrency to be used as a currency. |
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well bitcoin have more potential that can improve in many aspect and yes if right now, bitcoin are still need development because bitcoin only discover 50% of this potential, if bitcoin are can show off all of the potential, well that was nice to know it for the future tech
Yes no doubt that bitcoin still have too much potential and i think that bitcoin price will increasing too much, but it just need a push, i think that the confident of the investors should be replace if we want bitcoin price to increase again, because if they will take interest in bitcoin and will invest money in bitcoin so the demand of bitcoin will continue increasing and therefore the value of bitcoin will also continue increasing. Bitcoin does have a lot of potential in the market's price because the demand for bitcoin is still not too big and it is just average or even below average and what if almost all of the people in major countries and well developed countries will start getting into bitcoin and then, just imagine the possible growth that it can contribute to the market of bitcoin and also to its price. |
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Well, if that is the case I think you need to communicate on the people who are willing too help you outside the country where bitcoin is accepted, or better if you go to the country where bitcoin is accepted and you can earn as long as you want.
That is a good idea. Japan is one of the countries that already adopted bitcoin and it is legalized there so there is no problem for you to move there and work in the cryptocurrency field and you will encounter no problem with that because the government are supporting bitcoin and they are not against to any cryptocurrency activity as long as it is not illegal. |
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Scared because they got no hold of cryptocurrency right now. They still find it difficult to regulate it but when the time comes its all clear to them, then mqybe they will loosen up and fully allow crypto.
For me there are some goverments and banks are scared of bitcoin because many people all over the world is trusting bitcoin and many people are now prefer to put there money in bitcoin over than putting on some trusted banks. That is right, more and more people are trusting bitcoin rather than banks because they know that if they are going to put money in bitcoin then they can earn more money in a faster way compare to the banks because the banks didn't have any other offer which have a higher rate compare to the possible return in cryptocurrency. |
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He is the author of cryptocurrency, the founder of bitcoin and the man who owned the most number of bitcoins all over the world. He remains mysterious as this moment maybe for security reasons. But he is the most brilliant man existing in this world.
He is very mysterious no one know who is he. The author of cryptocurrency, the creator of bitcoin and owned the most number of crypto. This man is very mysterious maybe for security most brilliant man with the good heart. He is mysterious because he don't want to put his life on risk because he know that there is a lot of greedy people that will hunt him to just get the bitcoins that he have. He is for sure living the life low key multi-millionaire and for sure he have a lot of lamborghinis in his house and a very huge mansion all of those things came from his creation. |
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This is why, all of the bans for cryptocurrencies should not be taken seriously because those are just temporary decision and anytime it can be change by the leader or the one who created the order to ban cryptocurrency. We should just keep working hard and focus on our works and do not get affected by the news about cryptocurrencies.
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If that happened that bitcoin banned in my country i guess nothing i can do at that time we cannot change the law of our country if they change it i guess it is a long process it takes long time, also i wanna do is to move to another country that bitcoin is free.
That is the best thing to do if you find out that your country banned bitcoin or change the law in terms of cryptocurrencies and forbids it. Moving out from your current country and moving to another country where they don't ban cryptocurrencies is such a great move because you will not have the stress that you have and you can freely use and work in bitcoin without having issues with the laws. |
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I don't think that bitcoin already reach its goal because for me, the goal of bitcoin is to help a lot of people in this world to stay away from the inflation and help them to create more wealth faster compare to the other methods of growing wealth like regular investing in banks which can only give them a very low rate of interest.
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I think it will not happen . Because other people dont know what is btc all about . Btc also is only in online , and we need to trade before having a money . And i believe currency will never be replace .
Of course, i also believed that the currencies that we have right now will never be replace by cryptocurrencies because government are not trusting the cryptocurrencies since they can be easily created by coding or programming and a currency is hard to replace because the government are backing it and they are supporting it since it is more stabilize and more efficient to use for them. |
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I am not agree with this infograph saying that Bitcoin is only the number sixth in the circulation. First of all, it is on the different side of currency. It is decentralized and shouldn't be compared to other centralized currencies. AND, Bitcoin remains number one in terms of its price, circulation couldn't make a country rich so fast. Bitcoin can.
Bitcoin cannot make the country so fast, bitcoin is just a tool for other people to grow their wealth and with bitcoin they can have a tool for trading which can give them an uncommon percentage of profit everyday unlike in the stock market or forex which is only giving a small amount of return per day. Bitcoin can help the country to have a faster mode of payment but not make it rich like what you are saying. |
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Why bitcoin is votality compare to fiat money. Many say bitcoin is not a good investment because it is votality.
What is votality?
liability to change rapidly and unpredictably, especially for the worse. this is the fast price change.
Why is the votality of bitcoin high?
Bitcoin is a low supply at the time of its growing number of users and it has become a demand for the masses. Many want to buy, Many want to sell in easy-word multiple transactions. When many bitcoin transactions are fast market movements and we do not know what might happen because of the emotion of the seller and the buyer may have the price increase or decrease. So the bitcoin is votality because of the small supply and in-demand.
Why is fiat money not too volatility?
Because the government is able to regulate a traditional money, they can make new money and just increase its supply so that it does not have a votality compare to bitcoin.
Note: This is my only opinion, if you have any opinion you can also share it.
I agree with your opinion, i also think the reason behind why the price of bitcoin is very volatility is because bitcoin doesn't regulated by any governments or institution that makes the price of bitcoin is very unstable. Even though it is regulated by the government, bitcoin will still not become stable because bitcoin is being manipulated by the whales since they got a lot of money and the natural behavior of bitcoin is being volatile so it will not be changed and the one that is going to adjust is the trader and investor. Volatility is a good thing, if you know how to go flow with it. |
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in essence bitcoin is still accepted in many countries in the world, so for what to look for the negative side of bitcoin, do you want to drop the bitcoin. I thought it would not work. bitcoin prices do fall, but that is to make it taller and more growing worldwide. this just takes time to be recognized around the world.
That is right that bitcoin is accepted and also recognized in some parts of the world and that is simply a sign that bitcoin is keep on growing and more and more people in the future will be in the world of bitcoin and for sure the people will just get into the blockchain technology as their foundation in creating more possibilities. |
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