Bitcoins distributors are increasing. Indeed, the symbolic bar of the 3 000 distributors in the world has just been crossed, and there are about six new installations each day. So the situation is changing very quickly.
It's a good sign that bitcoin is being used in more places. ATM machines are not free, they will pay the shop owners some money to leave it there so people must be using it in order to cover the costs.
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Since Mt. Gox lost a lot of bitcoins in 2014, we have seen the frequent hacker theft of coins on these exchanges, so now I don't believe in the exchange, and all my coins are stored in my wallet.
It is likely that those bitcoins were converted into something untraceable like monero. Once it has been laundered the trail goes cold and with all these new decentralised exchanges it makes it even more difficult to track
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For those that were following the events late last year you will know what happens when China spreads some FUD around, the value goes down dramatically so they are very influential. Also South Korea as there are many exchanges over there
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The distribution is not very wide, a lot of the early adopters hold many bitcoins so it's worth noting that there are huge whales swimming around this area. As time progresses they will sell to newbies and so more people will start using bitcoin
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Some investments are done by someone in the team or has close links to them. Also, by getting these early investors it gives others confidence to put their money into it as well. I wouldn't risk that much, even in the telegram ICO but for some $10m may not be much money to risk!
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That is exactly the sentiment of all bounty hunters. It is more of a risk when the campaign lasts a long time as you spend a long time doing the work and in the end it could be for nothing. Hoping for a nice truffle but could end up being a stale toffee
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I think Thailand does not have this strength. I think Thailand's coin investment is of little value. Because Thailand's own economy is not ideal. It is not like Japan.
Their own local economy is not developed well but in built up areas there is a lot of tourists that would be willing to pay using electronic currency. Also, it would attract crypto investors to visit as they can convert their bitcoins to it and spend in their country
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Tron is only good because Justin is a great marketing genius and can shill his product like no-one else. Even though it is no-where near ethereum in terms of technology people will believe it and invest more into tron because of market perception generated by Justin himself
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Usually airdropped tokens don't have any value for a long time, and for ICOs you have to wait a few months until it hits the exchanges. If the coin doesn't have any product then you will have to wait a long time for any gains, better to invest in something which has started development already
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When they find a way to tax bitcoins and other crypto currencies it will take a huge step towards mainstream adoption. No one likes to pay taxes but it will help in the long run because governments will allow all forms of bitcoin payments and transactions
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Fiat has already crashed depending on which country you reside in. Take a look at Venezuela or Zimbabwe, they suffered from hyperinflation and in some countries they had to abandon their currency altogether and switch to another one.
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I haven't any bitcoin directly because I mostly invest in altcoins instead. However, in the current bear market my portfolio has gone down more than 50% so I guess that also counts as a bitcoin loss!
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Bitcoin can be used as method of payment but altcoins are coming out to provide a different service as well which is reducing the market for bitcoin payments. For a private and anonymous transaction they will use one of the privacy coins instead, or for games using a gaming altcoin.
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There is a difference between bitcoin now and how it was several years ago. It is more widely known and there is talk about regulation. These uncertainties make it harder to predict as governments are less predictable than the financial markets
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I wouldn't want to hand over my details to a newbie ICO with no experience. If it was backed by a huge company like Kodak then it would be ok, otherwise I'd be worried about ID theft and if my details would be kept safe
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It is too difficult to hack an established and encrypted bitcoin wallet, it is much easier to phish for information and then use that to gain access to it. Operating Systems and browsers have more vulnerabilities so those are most likely to give away your passwords
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This is why there is not going to be anything near 21 million bitcoins in circulation. Lots of people lots their coins, especially early miners. Also Satoshi has locked up 1 million bitcoins so the number is definitely lower
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He is just annoyed that he can't spend a billion dollars to buy it out and take ownership of it. Bitcoin is decentralised so all authoritarians will hate it, and Bill Gates already missed the boat so he's trying to fud it back down again
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It will never go back down to $2000 unless there is a security breach that makes it completely worthless. There will be too much demand for it to go anywhere near $5000 let alone $2000. Still, if it does then I'm sure the whales will fill their pockets again
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When the market starts to suffer people will go to safer investments or stable coins. Ethereum tends to follow bitcoin as do most others. NEO is a good investment because you are also getting GAS tokens when buying NEO so you can reduce your losses in a bear market
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