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I'm not very familiar with such subjects but I'm surprised if there isn't some Bitcoin foundation already. This is good idea if it will be used for good purposes and Bitcoin promotions and not some selfish goals.
And establishment of Bitcoin related organizations doesn't mean the control, that has to be clear.
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People don't take the security seriously as they should and that is the reason for so many hacked accounts and wallets, malware infections and other security breaches. But some of them are not well informed how important is to protect your self so this forum could also be the place to raise awarness.
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maybe but there was a different between them I think that western union is a remittance center and bitcoin is a cryptocurrency. we can earn bitcoin with the help of the internet while in western union we are just sending our money to pay bills or to give money in our relatives out there. in fact western union is a service and not a currency, while bitcoin is a currency which we can use as investment, bitcoin is present everywhere while paypal has limited service. therefore people are now giving preference to bitcoin . Exactly, I don't know why people keep comparing two totaly different things like Bitcoin and Western Union and Bitcoin and PayPal. Like they don't know the difference between currency and money service. Western Union is money service that could also be used for transfering Bitcoins, the problem is that they don't support it yet. So, you can compare Western Union with PayPal or Moneygram or Skrill but not with Bitcoins. |
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All this ETF drama, will it be accepted or rejected, has created different situations on the market but actualy the whole story was just exaggerated. No big deal happened, this small dump only, that might have happened anyway and I don't expect further big crashes. Bitcoin probably has become a bit imune on situations like this which is actualy good news.
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It seems that majority of people simply don't bother with this decision. Before that there were some dramatic annoucements how the Bitcoin price will crash big deal but market haven't respond that way which is actualy good. So, nothing important happened and we,are moving on. Just big hustle over nothing.
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sell panic coming  Not necessary. Maybe seems logical thing to expect that but the price is doing fine so far and I still beleive there will be no huge dump. This decision was actualy expected and probably the market was prepared. But let's wai and see what happens in the next couple of days. |
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Every transaction is recorded on blockchain so there is a trace and proof that it was executed. And if it was confirmed there shouldn't be any problem. Maybe this company is trying to double cross you, so don't fall for this. You have the transaction ID and everything could be checked.
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There have been some excessive fees, especialy lately that is the hot subject, but there is no law, rule, or something similar that actualy obliged miners to return such fees. It's up to their moral and good will but I don't think users can count on this in general and I don't think any returns will happen.
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Everything depends what the demand for Bitcoins will be then but I'm sure mining all Bitcoins would affect price a lot and it could go very high. But if the greatest amount of Bitcoins would be in hands of just few people, whales, that could be bad for everyone else. But this is still distant future so we can only speculate.
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Everything depends what the demand for Bitcoins will be then but I'm sure mining all Bitcoins would affect price a lot and it could go very high. But if the greatest amount of Bitcoins would be in hands of just few people, whales, that could be bad for everyone else. But this is still distant future so we can only speculate.
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If you are long term investor Bitcoin is good investment any time. Despite occasional dumps in the longer period if time Bitcoin price is on the way up so if you are patient enough you will make profit from your investment. Even if you buy now when the price is very high you will not go wrong, you just have to,watch the market carefuly.
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So distant future, who knows what will happen by then and what will be the situation with Bitcoin. This is the area that is very hard to predict something that will actualy be on solid ground. But still from current perspective it doesn't seem very likely that Bitcoin could become the largest reserve currency.
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I would like to save some Bitcoins for the future but at the moment unfortunately I can't. I would like to save some coins not to get rich, this is not possible, but just to have certain sum which I can use if necessary or invest somewhere. I'm not sure what would mean saving Bitcoins just for fun.
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I think you think sheep. Sheep are being shaved.
Pigs? No pigs around. Just naive stupid sheep.
I agree, pigs is non existing term in trading and you have probably meant sheep. People are often sheep in their everyday living, not just in trading. Some unexperienced traders often act like sheep and lose their money exclusively with their own fault. |
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If Bitcoin crashes, which I hope will not happen,I would try to sell as much and convert to fiat. Or maybe if the crash wasn't that big I would hold on for the price to recover, what will surely happen with time. I don't think that investing in altcoins would be the good way to rescue the money.
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This question is very popular these days and I see a lot of threads where people are saying that Bitcoin is dead, that it,was just an experiment, that is no longer worth investing in it and so on. But still, despite all difficulties Bitcoin is still worth to use and to invest and it has influenced and changed a lot a world of finances.
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How strong Bitcoin is depends on it's users because they actualy determine the value by demand and supply, how much they use it and how much is adopted. Security is also very important question and it matters if people who are using Bitcoins feel safe and secured. As long as people want it and use it it will have the value.
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I don't understand, why so many threads lately related to Bitcoin beeing dead, doomed, lost, failed experiment etc. What is happening, why such disappointment?
Nothing is perfect and there are some problems and issues with Bitcoin like with everything else, but let's be honest and admit that Bitcoin is great achievement that made a great impact and that will not disappear just like that.
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I could only agree, it's sad how long it's taken for the community to agree on a scaling method, and it's still not decided. I'm afraid people might start using other coins and abandoning Bitcoin if this continues  The things are not so bad and people will not abandon Bitcoin just like that, over night. This is just another topic about Bitcoin beeing dead that will not come true. And other coins are not so good, don't have that value and can't so easily replace Bitcoins so there is no fear of that. Situation will settle. |
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its really sad if we missed the right time to sell/buy bitcoin and i think i think every trader have this experience and including me, but if we can take this as our lesson, then i am sure that in future, we can avoid this and we can sell/buy in the right time. beside that, from the last week, i am missed many thing in the market so i am not buy the good coins and just see the coins getting pump and i can not follow the party.
I completely agree, everyone of us has some opportunity that we missed and experience that has learned as a lesson. But we mustn't regret that but get smarter and take the new opportunity that was given to us. There still are and will be good chances for trading and getting coins, we just have to use them and not live in the past. |
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