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I believed to this. Bitcoin will make all of its haters eat their words because a lot of bitcoin haters and those negative people are just thinking that bitcoin is not a good idea to invest their money since it is a volatile cryptocurrency and it is such a waste to just put their money to it but once bitcoin reach new all time high then it will give them the reaction that they don't expect.
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It is either the price will continue to go down or bitcoin will have a bounce back and reversal for the price and that will become the reason for them to get a profit if they bought at the current price of bitcoin right now because the price of bitcoin is now low and it is also a good price to grab and buy bitcoin because when the market started to become bullish then it will amaze you.
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I was wondering, if you had an opportunity to sell your stuff alike cars, pc, homethings and etc., would you sell it for bitcoin (or maybe other altcoin)? The main question is to see, are you ready trade stuff for cryptocurrencies and how do you imagine it?
I would love to sell my things in exchange of bitcoin because bitcoin is not merely a currency but it is a kind of investment also because when you sell your stuff in exchange of bitcoin then you can hold those bitcoins till you think the valuation has been inflated to a sufficient level and then you can sell it and get the good profit and this will like boon if people starts accepting and giving bitcoins in exchange of stuff. It is a good idea for you to exchange the things that you have for bitcoin but you need to make sure that you will just exchange the items that you don't need and those bitcoins that you will get should be kept in a cold storage or good storage for long term so you can keep them safe and you can avoid the possible hacks or troubles. |
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I believe that soon there will be a big increase in the price of bitcoin, I sincerely believe that the price of bitcoin is very cheap.
You are definitely right, so as of now that the value of bitcoin is down. Buy it when the value is low and sell it when tahr value rises. Buy now and keep it for long term and that is the best strategy for the bitcoin holders or possible investors of bitcoin because if they are going to buy and hold bitcoin then they have the higher chance of making profit compare to those people who are just holding their bitcoin and waiting for at least for the price to reach up to 20% gain and then sell it. |
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Some people don't like crypto because they are in huge loss or becuase "When Lambo" didn't happen for them. It's pretty straight forward without any BS indicator or those fancy charts..
Simple way to make profit as I and many of the crypto community have been doing. BUY when RED... SELL when GREEN, repeat process, it's actually that simple...
None of that bs website needed or those people claiming to "teach" you how to make "profits", Like I said, buy when red, sell when green, repeat process = profit. This is for swing trades, just keep jumping across..
You are right because most of the people are getting stuck at their coin for holding for long term because they don't have the target like for the profit taking and the cutting loss for their coins, if they will listen to me. I would say that it is best for them to cut loss rather than thinking that their coin might get a bounce back in the future because it has no assurance so just cut loss and move on. |
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The future of bitcoins is still bright as of now and more in the future it will become brighter if we will still have an active developer for bitcoin and so the development of bitcoin will continue and most of the problem of it will get resolved. Future of bitcoins is really great and it is just the future of the system of money i think because of its blockchain technology.
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I will happily contribute my bitcoin to the church as a donation because that is a good thing or way to help other people and to give them the blessing that you got from bitcoin and if there will be a church in my country that will start accepting bitcoin then i will surely do give them donation because it is better to give than to receive.
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The media is negative about bitcoin because that is the mainstream to the people, most of the people in the world are hating or negative also about bitcoin and other cryptocurrency and that is the reason for them to just be negative also so they can get the sympathy of the other people and to get more watchers for their channel on television or to get more audience in general.
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If your private key from your bitcoin wallet will get stolen by a hacker or if someone's get a copy of that then your bitcoin is in danger and your bitcoin can be stole from you without even noticing it so it is better to have a high standards in keeping your private keys at safe so there will be a lower chance for your bitcoins to get stolen by someone.
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Japan for sure! It is the only Asian country that i know that legalized bitcoin and there is a lot of stores that you can visit and spend your bitcoin just like a normal currency and it is a great thing to experience and if you have a lot of bitcoin or if you have some excess of bitcoin from your wallet and you want to go to a trip and spend that then go to Japan.
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Decentralized of course. There is no doubt that decentralized is better than centralized because it means freedom and it will give you freedom in the future and that is why it is best to just get into the cryptocurrency because cryptocurrencies are the start and the influencer for our world to start getting into decentralized system also.
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Some of the things that i think that can improve the bitcoin community is to make an event like a seasonal event that will give some rewards to the participant because it will make the bitcoin community more active and also, we should have a rule that the members should be always active and help other people like newbies to gain more knowledge and awareness so we will have more smart people here and a healthier discussion.
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Some government has its own reason why they still dont trust bitcoin.Bitcoin is anonymous and government cannot regulate bitcoin that is why lot still dont legalize bitcoin.In the near future many countries will legalize bitcoin because it is one means of generating revenue and taxes.
They can regulate it, all of the government have the power to regulate bitcoin because they just need to create a law that will describe all of the things that the people or the bitcoin user should follow in order to stay safe and not to get arrested because most of the countries and government are regulating bitcoin like that so it is a best option to just regulate it and accept it. |
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Not just future even now it is used as virtual currency payed to accepting merchants. It is to be expected that in the future the bitcoin will become more improvised and convenient when it comes to online transaction. and it could become more profitable in the future .
We can't be sure about that in the future we will see bitcoin that it will become more convenient because right now, the look and experience in bitcoin is very different to what we expect because of the higher fees and also not the same speed like before when we used to send bitcoin to other address and get confirmed in just few minutes and because of the other cryptocurrencies in the market, it will be just a tough competition for bitcoin since there is a lot of cryptocurrencies that are offering cheap and also faster transactions compare to bitcoin. |
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We need bitcoin because it can help a lot of people to earn money through bitcoin because there is a lot of opportunities that the people can grab in bitcoin like in this forum that they can learn more about bitcoin which can enhance their understanding and their own knowledge about bitcoin so it will result for them to just work in bitcoin and the unemployment rate will become lower.
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It is not the coin but the blockchain technology that we have in bitcoin is the future, blockchain technology can bring a lot of things in the future and that is why it is the future technology that we can rely on and don't worry about the coins because there is a lot of coins out there and it is just the technology that we need to have so we can enjoy the benefits of the blockchain.
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If they will have access on your computer and get the information that they need like the wallet of your bitcoin and also the bitcoin wallet address then that is how they are going to trace that you have bitcoin but if they are just tracing where you at because of your bitcoin address then they will fail because bitcoin is anonymous and untraceable.
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Bitcoin value right now is high but i think that in will just like the recent movements where the price will go down again and it will shake the hand of the weak holders and they will just lose money with their moves or actions that they were going to do. So if you are really valuing bitcoin that much then it doesn't matter if it goes down hard because we all know that the only way at the end is all the way up.
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It is best for the other bitcoin users to take that story as a lesson, if i were that guy then i might be thinking about suicide because that costs a lot of money and that is not like 0.01 bitcoin only because it is 103 bitcoins which can give you a lot of things and capability in life but that guy should just keep moving forward and maybe in the future he can earn more than that.
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I've been watching and monitoring bitcoin for close to 3 or 4 years and I can say this year has been the best year for the crypto and all the investors in the market, firstly, the coin witnessed unpredicted increase in value this year more than any other year before.
I know that the value is based on the principle of demand and supply but I'd like to know what else contributed to the price value and the popularity bitcoin has right now globally.
In addition of this supply and demand explanation, i also believed that the manipulation of the big whales contributed to this price increase because their huge resources can really pump up the price and attract more investors to join the investment making the real demand of Bitcoin will increase too. I believed that without the big whales participation, the market of today will be in difficult to reach the former ATH again. The whales are the reason why the price of bitcoin is more volatile because they are playing with the market and also the emotion of other people and it is best for them to just keep it that way because that is how they make money and for us average traders or investors we should let them do what they want and don't get affected to avoid mistakes. |
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