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I don't think any one hates bitcoin. There are some people don't know it. There are also some people ignore it. Some people don't think it is useful. Some people believe that they have missed the boat. Why should some one hate bitcoin? Some governments just might hate bitcoin.
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Today a successful ICO statistics were published ( I don't name that as here is not a proper place to advertise ICOs). Only 7% of contributors were female. This data proved me few women are involved in cryptocurrencies. I don't know whether they don't like money or they don't want to risk.
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Seems that March 2018 is same as March 2014. The price was corrected after and it took 3 years to reach a new all time high. I am sure that most of people had sold their bitcoin after that big correction and few people who hold their coins got their reward finally at 2018. I think this time a new all time high can be reached very sooner as bitcoin as now more popular. Again patient persons will receive their reward.
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There is no doubt whales are trying hard to force small investors to leave the market. After every fall in price, some investors sell their coins after a big loss. Just remind the 90% price fall in 2013. Most of the people sold their coins, but those who held their coins are now rich. We shouldn't fall into the trap. We shouldn't set a sell price which cause us to lose money.
When I will sell my coins depends on financial condition, but in any case I won't sell my coins before a new all time high is reached.
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Because they still can’t see the future. Cryptos are the future. We can hope that in near future they will gather knowledge, and understand the true potential of the CRYPTOCURRENCY.
They have gathered knowledge. They know bitcoin and they know how it can be useful for people in transactions. But they don't like it. Because most of the benefits are for people not the governments. They don't want to not be able to control transactions. |
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If you sell your house for bitcoin, I think you are the only person in the world believe bitcoin that much in this market. There are many people think that bitcoin price will rise and want to use this opportunity, but none of them are 100% sure.
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No. It's not a crime if you are only holding bitcoin. And I don't think any country know bitcoin holders as criminals.
You can also trade to earn more money. You can also buy or sell things where paying with bitcoin is possible. But bitcoin is useful for some crimes and there are many stories about this. As long as you have not done anything illegal, you are not a criminal.
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Before I open this thread, I thought it is an old post which has been made in late 2017. Now you don't have to pay high fees, as the network is no longer busy. Most probably the problem is the wallet you are using or you might withdrawing the funds from an exchange.
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We cannot ignore the effect of governments on the cryptocurrencies price fall. But I think in the long term price will rise.
Now there are many investors hesitant to invest in bitcoin. Because they don't know how the rules will be. But after the rules are specified, there will be many new investors.
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Trying to introduce bitcoin to new people is a good idea. But I don't think promoting bitcoin every where can help to bitcoin. Ordinary people will now bitcoin as a scam. Better to every thing goes normal.
By the way, at end of 2017 and early 2018 bitcoin was one of google trends. Many people were trying to know bitcoin. Do you remember what happened at that time? a
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1. Seek information or signal to the next bitcoin price movement
They usually don't work. No one can predict when the price will rise. If some one predicts that the price will rise tomorrow, there is also another person predicts that the price will fall tomorrow. No trust to any signals or analysis. 2. Join groups or communities of crypto merchants
It will cause you to panic more. There are a lot of people with different ideas. I personally get confused when I read comments on such communities 3. Confident and reinforce the belief that bitcoin prices will recover.
It seems to be better No need to worry. Don't check the price every day. Wait and HODL. |
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Many people here are same as you. I am personally holding bitcoin and I wish the price was higher.
Assume that you have sold your bitcoins. What will happen next? I am sure that you will feel more depressed than now after a big loss. But now you can hope the price will rise. The possibility of price rise is very high.
HODL.
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I was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
No it will not. Bitcoin's price is too high to replace a regular currency. Likewise, it would be difficult also that all people people in the world would own a bitcoin. In my country alone, we have 100 million people while there are only 21 million supply of bitcoin. It would impossible also to replace physical money. There are also fractions of bitcoin. There is no need to have 1 bitcoin. And the limited supply is one of advantages of bitcoin. It's great that it is impossible to print money. I personally think that bitcoin introduced the technology and probably another coin which might has not created yet, can play the role for the transactions. |
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I am seeing people who sent PSX today are getting NPSX in like 3-5 minutes... So does that means those transactions that were sent yesterday and are still PENDING, will clear on their own ?
I checked many addresses that have sent PXS tokens to the swap address. All of them have received NPXS tokens. Seems that every thing is working well now and the yesterday's issue is also solved. |
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Nothing will be changed.
Now only 12.5 bitcoins are generated in every block. Compare it when the number of generated coins was 50. This number has dropped by 37.5. Is the mining stopped?
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It's really hard to regulate bitcoins because you can't really track the payments, you can't attach an address to a person as he will always be able to reopen an address or to use multiple addresses.
I think that govenrments may attempt to regulate cryptoucurrencies by blocking any on-bank payments that are related to crypto, and opening their own centralized cryptocurrency that they will be able to control.
Regulating something as wild as bitcoin is impossible .
Yes, that's right. They can only take action against people when people convert cryptocurrencies to FIAT or FIAT to cryptocurrencies. They also try to spread FUD to decrease the price. But I think finally that's bitcoin which will takeover. |
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You are right. Not only it's not a bad news, it's a very good news. Every effort to stop scammers should be appreciated. There are a lot of scammers that are being advertised in social medias. It's great if scammers are not able to do so.
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It's the beginning of accepting bitcoin all over the world.
The reason of price of fall is panic selling of many people. They are panicking because we hear bad news these days. And we are hearing bad news because bitcoin is becoming more and more popular. There are some people, governments, banks, etc. that don't like this. Their attempt to decrease the price is due to bitcoin popularity. Otherwise they wouldn't try to decrease the price.
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As long as there is a lot of people who can't be patient and panic easily, it is impossible.
And it is the nature of every financial market. Some people lose money and some other make money.
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It's not something weird if twitter ban ads but the CEO believes bitcoin. What is the problem?
If Twitter bans ads, the ICOs, lending websites, gambling website, etc. will be banned. because there are many scammers. And there is no problem with bitcoin.
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