bitcoin has become a means of payment transactions in some countries, so digital currencies of course bitcoin have the risk of being used as a means of transactions to fund crime in the world.
just as flat money and gold can be used as a tool of crime transactions, so believe me there is nothing perfect in this world.
however the transaction tool will be used for crime, because it has value. so anything of value will be useful and anything useful can be used to buy anything.
We cannot avoid that scenario to happen and even the fiat currencies are created to be act as a payment and also an exchange for different items but it is still being use as a way to make transactions in illegal things and even there is a law, it is still not be followed by the people so it is the same thing in bitcoin and the scenario that is happening in bitcoin because they have more freedom in bitcoin because of the decentralization so that is also an additional reason for the government to apply regulation on the cryptocurrencies. |
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There are a lot of countries that support the cryptocurrency world. Eithrr these countries just let bitcoin as it is, supports it, or has put light regulations over it. Philippines is an example of the first one. The government in there is so busy fighting crime that thry don't put much care in the economy based on my observations. Russia supports bitcoin and bitcoin-afdiliated activities. a number if infrastructures and businesses in that country supports cryptocurrency transactions. and they have banks too made for bitcoin. Japan has been hoarding bitcoins right now. And a lot mors.
In your first example which is Philippines and you are like complaining if that country is not minding the economy because they are so much focused in fighting the criminals and for me, that is the right thing to do because if the crimes will be minimized and only have a very low rate then the economy will just grow because there will be no crimes that can interrupt. |
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In the next five years, bitcoin prices will rise to $ 43960.87. if we look at the bitcoin situation 5 years ago and see the current bitcoin price, it is not impossible the bitcoin price will go up like the price chart from 2012-2017.
There is a future for bitcoin. Bitcoin has recently becoming more and popular compared to its past few years. The news nd social media has an influence on it. But it's not just because of its popularity. Bitcoin really has a great potential. I think it will become more widely accepted in 5 years. I also believed that 5 years will be enough for bitcoin to get widely accepted because there are hotels, stores or shops that adopted bitcoin and they are accepting it as a payment and 5 years is enough for bitcoin to get more stores to accept its system because if they will just think about, bitcoin is a really great currency to be accepted as an option for mode of payment. |
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I am waiting for the price to go even lower because i am thinking about buying some bitcoin because i don't mind if they are selling and keep telling that there is no progress in bitcoin so i should go out too and just sell my bitcoin. I don't listen to them because i know that i am in bitcoin and bitcoin is really have a future and it will change the whole world for sure.
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If you want to make money in cryptocurrency then you should buy some of the cryptocurrency first so you will have a capital in cryptocurrency and i advise to you to learn how to trade even it is about bitcoin or altcoin because the result is still the same which you will be getting good amount of profits and if you master how to trade then it will be easy for you to make thousands of dollars every week or even everyday.
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Bitcoin already crash and i think that there is no way for bitcoin to get cheaper or reach lower prices because it is stabling at the price range of 8,000-9,000 USD and i believed that in the future, bitcoin will have an another run and it will give a lot of profits for the people who are held their bitcoin and also who bought when the price of bitcoin is low.
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With or without bitcoin I will help people in need, happiness is because it can give to others, not have any luxury items included, when they see smile then the life of this world like heaven.
Indeed. We should help even it is by bitcoin or not because it is not about the thing that you are giving to them because it is the love that you gave to them once you hand over your donations that can help their in their daily lives like clothes and other necessities or foods that can help them to survive for their everyday struggle. |
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Of course it makes sense to just buy some bitcoin right now because you will get a chance to experience getting huge profits in the future since you are buying when the people are panic selling and it is like Warren Buffet's says that we should be greedy when the people are afraid and we should be afraid if the people are greedy just like now that the people are afraid then we should be greedy to get into and sell when the people are greedy.
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Expect panic sellers because the is the nature of the most of the investors and traders that are majority newbies that they often sell at this moment because they think that this negative happening in cryptocurrencies will not become positive again so they just sell and try to forget that they sold at low price and regret it once the price is going up again.
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Yes it will be a risk for you to hold because you cannot predict the future price of the cryptocurrencies and the only thing that you are holding on is the faith and also the patience of yours in the type of cryptocurrency that you are holding. Keep holding if you believed on the technology but if you don't then sell and move on.
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This is what the newbie should think before they put any money in bitcoin because most of them are just getting hyped by the people who are earning in bitcoin and they are just getting into it because they also want to earn but when they loss a lot of money because of the volatility, they argue about it and blame it to bitcoin and call it as a scam while it is their own fault.
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There is a lot of benefits to state from bitcoin but i will only tell what i am very amazed and that is the chance to earn money with bitcoin without requiring so much energy and it is not stressful unlike the job that we are dealing everyday. Bitcoin is just a simple cryptocurrency that have a lot of opportunities for its users and they just need to be patience in order to experience the benefits of bitcoin because it is not easy to start getting into bitcoin.
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I think not. Bitcoin will never be over because I think that it is the future of monetary system. Bitcoin has a lot of potential and it is only starting. I cant wait in the day where we can use bitcoin to buy in grocery store and ETC much easily.
Bitcoin cannot be use in the grocery store to buy some items using this coin because we have a problem which is the fee and also a slow confirmation that i think is a big deal because instead of paying a lower price based on the fiat then you will end up paying more value because you are using bitcoin which requires additional thing to pay and that is the fee to execute your payment. |
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It's impossible for hackers to get into bitcoin, this is my opinion. Passwords and keys are very crypt-ed so no one could get to them
The encryption for the cryptocurrencies are indeed so secured that even the professional hackers cannot hack the currency and i think that the only thing that makes them vulnerable for being called as a hackable is the wallets and also the other ways that their system might breach because of the vulnerabilities but at the end of the day, the coin itself cannot be hacked. |
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We really need bitcoin because we need an opportunity that can change our life without spending a lot of money and that is bitcoin because you can earn bitcoin without spending any of your money by just spending time here and ranking up your account then joining into some signature campaigns. We need bitcoin because we want to change our lives and that is very possible with bitcoin.
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The best earning strategy that i have is to work in a signature campaign and keep doing that until you got a decent amount of bitcoin to use as a capital and then that is how you will be able to start trading and also study on how to make a good trades and then keep doing that until you make your capital bigger and then that is how you will have an unlimited source of profits without spending any of your money out from your wallet.
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One of the best ways to promote bitcoin is to make a social media account and gain a lot of followers or friends then introduce or promote the cryptocurrencies like bitcoin and that is one of the most effective thing to do in order to have a great way to make an exposure for bitcoin to the people around the internet and another best thing to do is to just make an article and share it through social media also.
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Temporary. That is what i think for the fall of bitcoin. I don't think that there is something to worry about if we are all immune for this kind of scenario because bitcoin already fell for a lot of times and yet it is still standing and fighting for all of the fuds that we are seeing against bitcoin so i think there is no need to worry since we all experienced this before.
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How Bitcoin Can Change The World?
Bitcoin or let's say blockchain technology can end centralization. It can change how we transact, pay and get paid. We can send money to anywhere in the world without 3rd party companies. The blockchain cannot end in centralization because blockchains are already decentralized and we cannot change that, the government will just make some regulation in order to stop some abusive acts that can happen in these technologies so i think that we don't need to think about this thing because bitcoin will be straight decentralized and still change the world for the better. |
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It's just normal because it's the first to exist before Eth and Ripple came out. That is the bridge between fiat and altcoins to make the valuable. It's also the face when you talk about blockchain in national news.
Yup bitcoin is the face of the blockchain and it is also the face of the cryptocurrencies and without bitcoin then other cryptocurrencies will not be known as a good currency because they will not be created if there is no bitcoin because they only get their ideas from bitcoin and without it, then there will be no profitable place for us to make an investment. |
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