Doesn't matter it will survive or not, all that matter if its survive while you're still alive and collect your profit from it. Meanwhile , there's a lot of trials that shake the existence of bitcoin. Some people assume that its a scams, and path of other economic crime. So it will be great if bitcoin could survive in next 5 years.
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You can tell me anything what's bitcoin worst enemy is...
Mine is, government!
I cant say that the government are the main enemy for bitcoin. Though there's a group of government who support it in many ways. There will be no legalization in country without governments take place in it. In case of china, the governments are view bitcoin as a threat to economic crime. So I thought perhaps the altcoin is the main threat for bitcoin, not governments. And I also looking a bank as the bitcoin enemy because I've heard that they already declare a war againts cryptocurrency.
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Some people says that investing on ICO are the fastest way to multiply your coin amount. But others also says that its a pure scam. What Im seeing is more going to the first thoght. I.e : if youre invest 1 ETH for 750 token at presale. End when its token hit the market, the minimum price are 0.005eth/token. It means you already have 3,xx eth already. But its just a mostly minimum peice for ICO. So the answer is yes, but you need to be caution when choosing Which ICO to invest, thogh there are 2 from 10 are scam.
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Well as long as its just 'if', there will be an economic chaos in the world. Because each country should have a different value, status, culture and etc. So its impossible to happen. Except, maybe the whole country have their own cryptocurrency as a replacement of its currency. Its still have different value but have same type.
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Fake news, but effective fake news as the price has dropped quite a bit and then JPMorgan come out and call bitcoin a fraud and that it will blow up, looks like some big boys want in on bitcoin at a much lower entry point.
The banning of exchanges is not fake news but I really don't care about what JPMorgan thinks about bitcoins or you can say his statement has no affect on me because bitcoin is no fraud that will blow up. I will sit back in silence and let bitcoins prove him wrong. Back to China, it banned exchanges because it was becoming a threat to Yuan by their own people. However OTC transactions are still possible. Have you heard before that china will also block the cryptocurrency transaction? Network, IP, VPn, and etc will unable to use. If its truly happening, what will the miners do, while they will unable to mining again? Correct me if im wrong.
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Ethereum future is bright. It will be the best cryptocurrency after Bitcoin. Within this month definitely, Bitcoin will cross $500. Some of my elder brothers who are the successful trader are predicted this. So I don't sell Ethereum.
I think ETH is one of the altcoins after Bitcoin but nowadays a lot of Negativity about the transaction, even many people are predicting that ETH will cross more than 2000$ but it will take a lot of time to reach more than 2000$. I think those who are looking for long-term investment ETH is the best option to those. With so many ICO projects using ETH network I think for 2022 the position of ETH will be the same as Bitcoin. The small problems that occur in the network now are reasonable, and I am sure they can solve the problem. Yes, not just ICO project, this time, there are so many company are using ethereum for their development project. Last time I've read that the developers behind Raiden Network have launched a project with ethereum network. Looks like ethereum have a bright future just like a bitcoin.
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China is growing its economy and strength rapidly as compare to other countries of the world, it will be possible for china to become a super power if they continue to grow like this. Some of the reasons that why it is going to be next super power are, 1. China is one of the biggest manufacturer and exporter of different types of goods all over the world. 2. Its economic growth rate is 9 percent since 1990. 3. Having large military 4. Massive workforce
I agree, but actually china has a main problem in their country that have never to be solved until now. Its a unemployment issues. Because of the huge population of its country, the goverments are difficult to provide enough jobs field. So the value of china unemployment are increase year on year. I think they need to fix this situation to become a super power country.
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Actually, I trust bitcoin as investment and as time to time I am making a lot of profit from it, ofcourse I will love it more than before. But I still use the bank for my daily transaction, because bitcoin are still unknown at my place. But for investment, I thought banks interest are unfare. Its under 7% /year now, while we could reach a 100% peofit with bitcoin with just a month.
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China has brought nothing but problems and great shame to Bitcoin. What more can we do to protect Bitcoin further from the ills of China and their bad behaviors? It is good that their exchanges are all now going to be shut completely. It is good that we will break up their mining monopolies which ruined decentralization as intended by Satoshi. But are are the further steps we can take to get rid of Chinese completely?
I thin kthis month china become a trending topic on this forum. You should be happy, because you dont need any further steps to get rid of china, they have removed themselves from this bussines. But for the impact for this, you'll not seeing a $5k in near month, because chinese are doing a massive sell with their crypto.
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- Very high shipping costs - Very long delivery time.
I think if this can not be overcome, it will be difficult to make bitcoin as the world currency. Both of these issues remain my mind whether anyone can cope or never will
I thought It will not happen in near decade for bitcoin to become the world currency. There still alot of lack of its feature and just like you said, high fee and long delivery are become some of its lack. In the other hand, other altcoin are doing well for its problem. It might become a huge wall for bitcoin to reach maximum popularity in this world.
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I always wondering that why the chaos in the world or each country could influence the rise of bitcoin price. Please someone explain. By the way, japan have a good relation to america and north korea also have a good relation with russia. If this truly happen, I think it can be trigger for the beginning of next world war.
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Hi, what is the best way to turn my bitcoin into ether? Want to participate in Etch's token sale!!
I suggest you to look for a major exchange like bittrex ,poloniex. They provide exchange, and people also using it for trade. But you need to be caution to choose your exchange, because every exchange might have a different way for user verification and rules. And some of them are having a transaction limit for unverified users. So Make sure you could verify your account before decide to invest on the exchange.
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This is different case, the china want to banning Bitcoin and all the exchanger will be closed down, with that situation the investors from China will have difficulty to exchange crypto currencies, so like it or not they were forced to sell the coin because it will be very troublesome to exchange crypto currencies with Fiat in the future, so most of the dump is coming from China investors
I've heard that thw goverment of china are seriously declare a war againts cryptocurrency. They already ban ICo and indirectly ban bitcoin after the goverments anounce to close exchange on china. There is also a rumors that china will block everything that having a relation to cryptocurrency, IP, VPN and others. Because of that, I agree that most of the dump is coming from china based on the possibility will become difficult to cash out their cryptocurrency if the goverment plans already happen. So they dump it immediatly.
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Hoping to snag some more before the weekend ends. It appears prices have stabilized, but which is the best bet for a two or three week position? This is a small buy.
If you're looking for short time trading, Bitcoin is still a better choice for that, In one day, it can rise more than 10%. But you need a big capital to earn big profit. I'll suggest you to looking for ETH and BCH. ethereum seems to be slow motion, but its fluctuation isn't difficult to predict. Same as bitcoin cash, it's still cheap now, while it's ATH was $1k. But actually, Cryptocurrency are best for long term. You could be miss big profit if you're doing it in short term. But its your call.
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Some reasons why your parents are disagree with MMo especially bitcoin are : - THey see bitcoin as a scam. - There's no old age guarantee. - It's like you're doing a gambling. - etc
I suggest you to show them how much profit you have earn by doing this, and they might be changes their mind to support you doing this. That's just a simple way, because they need a prove first not an a theory of making profit with it. Good luck to you.
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I also have seen a news that a cryptocurrency become a threat for banks while the transaction of credit and debit card are decrease year on year. So the bank starts a new transaction method called fintech to fix the problem. How do you guys think this will weaken cryptocurrency.
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if you can grab every coins you think is good for long term i grab more on friday night price so good than comes china ban ruin everything for me .
this is the best time to grab more coin at deeply discount price i just dont have more fund ready on sideline at the moment
a good strategy, active and constantly updating information is the key It is not too late to buy right now, I believe that the price of bitcoin and other alt will begin to rise again on october when the exchange on china are totally closed. I suggest you to invest on bitcoin, ethereum, bitcoin cash, litecoin. But I more suggest to ethereum, because it's still cheap right now, and there will a pump on october or november based on its upgrade release.
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Why China like banning new online technologies. (Sorry, including second babies... LOL) It started with Google, Facebook, YouTube, Twitter, Instagram, Snapchat, down to bitcoins. China just wanna suck the joy out of everything... Are these guys living in Mars or somewhere up there? What do you say about this? Share with us what you think. thanks China bans what it can't control or had no large share. All these years, it was playing a large share but now their share has reduced its just 10% and they are jealous that Japan has been getting a lot of attention, China loss is good for all other countries and it's a good time for them to capitalize on it. It's good for everyone that China shall exit Bitcoin and they can no longer effect it. China has the big potential of to effect the bitcoin price, I don't agree if you say that they can no longer effect it. Actually, china doesn't ban bitcoin, the goverments are stopping thw exchange to transact with their currency. And that's the reason why the price are down. If it's kust a temporary regulation, don't you think it will effect the price to the ATH again? I think China still have their power.
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Don't you all think that china has the power to manipulate the bitcoin price?. After their goverments anounce to ban ico and stop the exchange activities, the price are dump from $5k to $3k. This are te prove that china has the big power on bitcoin. I dont think they will forbid bitcoin trading activity forever. the bitcoin shareholders would not just sit around to watch this happen. They should fix the problem , why the goverments forbit it, lack of licensing, money laundering problem, sercurity concerns and other issue.
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Good news.BTC price is recovering and its now $3,390.I think the panic drama has ended and ray of hope is seen once again.
BITCOIN - UNSTOPPABLE
its $3,500+ right now and keep increase yeah, but it's seems that there will be no a big pump this september. It's might because the exchange on china (one of the biggest bitcoin exchange) has declare to stop their services in the end of september by goverments regulation. I believe that bitcoin will start to increase on october until middle november.
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