Yes i believe that in the future cryprocurrency will exchange the fiat money today. Because as we all know crypto is very fast and smooth transaction that provides less time and effort . It could be nice if we will live in a high tech world.
For the growth population as well for the growth happening around the globe advancement is a must. Upon the necessity cryptocurrency is a must thing, but the same will never make a change in the usage of fiat which is used around the globe. Right now the global usage of bitcoin might be around 5% which is very small, so to replace fiat it needs to travel for a longer time period. |
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Haven't came across such an wallet that has been created on the basis of region. Every Eth wallet provides the access to Philippines, nothing complex or variations were felt over the same. Myetherwallet is the best and never go with some untrusted wallets similar to bit.ac which gave easy access but scammed lot of users and ran away.
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This is the time when I wish I had a lot of fiat money right now so I can buy more altcoins. I'm new to crypto and first time experiencing the effect of forks. For those experts, Is it possible that some altcoins will not be able to recover after the fork?
I don't know whether there are any correlations between bitcoin forking and altcoin price right now. It may just be since the price of bitcoin has gotten up so much in recent days that altcoins are naturally becoming less valuable. Just my two cents, just because a bitcoin fork happens doesn't mean that alts will be 100% going down. Once a correction hits bitcoin, alts will go back up like today. Altcoins were always paired with the value of bitcoin. When the bitcoin price increases, the altcoins showing decrease in the market is phenomenal. Also, as the above quote states there's nothing as altcoin downfall just because of the price increase happening with bitcoin. |
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The ongoing trend with bitcoin as well other commodity business is entirely upon the capital you invest. More you invest, more will be the profiting. In such a manner profit good in large scale requires lot of funding. Else the business with small capital takes lot time to provide the good earning and it has got less risk.
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If bitcoin becomes a legal usage all around the world, surely goodness in it will get affected. In specific bitcoin will go under some authority and the decentralized functioning might not be there anymore. Such a legalized usage has got disadvantages as well disadvantages associated with it.
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Will use partially for a real time business implementation and the with the remaining I'll make a diversified investment over different assets that shows signs of growing and profiting the investors. Another thing surely I'll convert a little to fiat and will keep in the banking account for emergency requirements.
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With the users who have been highly skilled or earning is not a big concern trading is fun. One thing that I found from the people involved into trading is that, more you take it easy and have a relaxed mind, more will be the profiting. People who are emotionally lacking doesn't experience a good growth through trading.
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Majority of the users have the mentality to spend bitcoin when it gets a stable price. In reality bitcoin needs to be spend quite often to have good circulation of bitcoin which is a must for growth. Unlike the price stability as well the increase its good to spend it periodically supporting the growth.
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It has gained good market capital over many other digital currencies. This could have taken it reach a bigger price and the usage too has got shrunken, because it has been circulating as one among the popular coins list. Next thing this has been used on gambling websites. Right now it's not that much available.
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This is something similar to the picking of lot. We pay for each lot that holds our name. Finally when picked the user gets the majority share and the rest gets the remaining distributed. This seems to be a good plan, but at execution level this will not gain more trust, because the owner himself can create profile and spend the particular amount and get the first prize.
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I don't know whether this news is true or not. It has got largest chance to have such a price difference, because in the past similar thing happened in India when the fiat that's under usage got demonetized. But during those days such an increased difference wasn't felt. |
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$20k may even be possible by the end of 2017 now.
Due to the arrival of institutionalised money.
No, It's too hard. I don't think that bitcoin can reach the 20k$ by the end of 2017. I think that you are too optimistic about bitcoin. By the way, I think that bitcoin will reach the 8.500 or maybe the 9000$ in the end of this year, Also when we talk about the 20k$, I believe that will happend next year. Yes, it has got the chances to reach such an increased price by the falling yea end. Now its very hard to reach such a value, that too within two months time. From the current price we need to experience more than a hundred percent growth to reach the quoted price. Let's expect good increase to take place. |
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It won't be making a big change upon the distribution of wealth. In terms of growth it provides path and support to make lot people to be rich. Distribution of wealth is possible only if a single currency system gets implemented around the globe with universal acceptance.
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Not really, but these day there are lots of potential ico coming into usage. When the entire system starts to function based on the technology automatically the tokens will get its usage causing an increased flow through different applications. This will generate a growth same as that happening with few specific tokens at present.
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Setting up a gambling website is not that simple like setting an business website. Here lot of features need to be considered. One among the important thing is the funding as well an systematic site that gives profit to users as well the authority. To make it possible lot of work need to be done, rather than that it's good to sell the script if you lack in funding.
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Have different assets in your portfolio. Be focused on each and every price move happening with the digital assets. This will let you make the right buying and selling decisions. Avoid the tendency that you need to make certain profit for the particular day. If the market is not in a situation to support, then leave it. Don't go trying for profit making and end up in losing.
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I have been using an app in which we have got the option to add the total number of different assets with which it gives a calculated value for our holding. When the price variation takes place it gets reflected on the portfolio based on which we can make the trading if required.
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I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
I think fiat currency will not crashed. We all know that the cryptocurrency is becoming more popular than before but I think the popularity is not yet enough to beat the fiat currency. With more articles as well news coming out relating bitcoin as well other digital currencies the growth as well popularity keep on increasing. Bitcoin too is valued in terms of fiat, when this changes can expect the crash of fiat. Until then fiat will be the leader and bitcoin serve as the alternative. |
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Right now the bitcoin as well the cryptocurrency market keeps on expanding, so it's good to have a good funding to make the project successful. If you look at different ico projects a perfect backing will be found. In this concern, if you start with small funding it takes time to attain what you've targeted, sometimes it may get affected in the middle.
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I want to buy both gold and bitcoin. Both of them are very much like me But Bitcoin is more like. Because Bitcoin investment can earn a lot more money. If i can manage properly It has also increased prices since gold. Lots of profits can be made in less time. But the risk exists. There is no risk of saving gold, but less profit from Bitcoin.
By the starting of the year I invested $1200 into gold. The same if I had invested into bitcoin now what I have got is at least a five times growth. What I have got investing into gold is the same value as the day with small changes. So I'll prefer bitcoin based on the real life experience. |
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