I am a little doubtful that what I wrote is worth it or not, but this always comes to my mind and wants to ask this,
I have read several topics here that the drop in Bitcoin prices sometimes occurs because investors experience panic and sell their assets after reading the bad news circulating, and here I have thoughts what if a crypto community has the intention to raise the price of Bitcoin and other crypto by spreading the good news about bitcoin and also introducing bitcoin and its usefulness to the wider community?
Will it help to increase Bitcoin prices?
Every news has agreat effects to the price of bitcoun but it could be pisitive or negative depends on the kinds of news and people analysis. Mostly good news makes the bitcoin value increase and bad news makes bitcoin price down. That is normal scenario in the market. So,if you are going to spread the news make sure it is good news to bring pisitive impact to all who can read and heard it. |
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Bitcoin is still stable and you can still make profit even a little from trading for short term. Also it will help to make market grow.
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If i had a lot of bitcoins why not? Satoshi is the reason why we are now using bitcoin and earning through it. And i think as a way of giving thanks ,it is not difficult to give this person any amount in return for all he done to us. We are so thankful that bitcoin was created. It help change the lives of many people and help to minimize economic poverty.
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I think the primary function of bitcoin is to give freedom to everyone to earn extra income without control of the government and banks. Also it could help us to have an easy and quick payment system through cryptocurrency. You don't need to go anywhere to pay your bills or buy some goods if you have bitcoin yoy can always use it even you just setting on your chair at your house.
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If and when cryptocurrency and/or bitcoin becomes the official currency of the world, do you think there will be a downside to it? If so, what do you think the negative effect will be once cryptocurrency becomes a worldwide currency?
Every country has it's own currency to be used offline for daily living. Bitcoin is a digital currency that always need internet connection in order to use and operate. It is just a good investment online. Also it has a lot of downside like anonymity,volatility and internet. It can also easily use in any bad doings like crime,drugs,money laundering and tax evation because it is deentralized currency in which government has no full control of it. |
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I think you are quite right. At this current market situation bitcoin holders has nothing to do but stay calm until market recover and bitcoin price will increase. Volatility of bitcoin is very high which is not good but i believe everything will be back to normal soon.
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This should be a normal scenario in the market because of large growth of different kinds of tokens. But after that we all hope everything will go back to normal and bitcoins value will risd again. There is a decreasing of demand while tokens are getting more in the market which result to market down.
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Now is the good time to store bitcoin while price is cheap. Crypto market will not remain down,it will rise soon and bitcoin value will rise. So,before that will happen be sure to have bitcoins in your wallet while waiting the bull run.
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If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?
It is still depends on the acceptance if the people/demand. If people encourage to patronized their own country crypto coin and exchange and they can get more profit in investing to it then it was good. But if this crypto coin has no different value as a fiat money i think there is no different from it. |
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My only investment is my time and effort to get more profit out of crypto since i start knowing and engaging in cryptocurrency. It is right that the bigger you invest ,the bigger profit you will earn. But there is a lot of ways on how to earn bigger profit even you don't have money as capital,all you need is your time,hardwork and knowledge.
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I buy cryptocurrency because it is my investment to have a better life in the future and to earn more income for my family. Everyone are hoping to gain profit through crypto that's why we are continuously patronizing it. There are so many benefits crypto can give to us soecially to those who doesn't have work. It is very helpful.
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How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Bitcoin was created with the nature of being Volatile. It could not be a national currency because it is not stable. And people earn a lot of profit because of bitcoin volatility. Bitcoin is dessigned to be a digital asset and investment not just a currency. Just my opinion. |
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Hi,
I hear a lot of comments claiming that this last days, is that right ?
If yes, can you provide more infos ?
Thank you
Don't be fall on fake news. Do some reasearch before believing for a certain news which is not reliable. Bitcoin can't be centralize as easy as you think. A lot of factor to consider and it need a lot of time for the government to think and plan. |
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Government should accept Cryptocurrency for the sake of mass people who believe in crypto and also to help economic problem. But the only problem if the people in the government will abuse cryptocurrency and use it for their own sake and become greedy or if they can use it on their own illegal purposes.
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Once banks has a control your bitcoin or altcoins it is good for security reason but i think only wealthy people will use it. For me it is still better to keep my digital coins to my own digital wallet because i can manage it anytime and can use anytime if needed. We all know digital currency are very volatile. It is easy to buy and sell if you hold your coins into your very own personal digital wallets than a bank.
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If there was an alternative currency (paper money) unregulated by the Government would you use it?
I think it is impossible to have alternative currency like paper money which is unregulated by tge government. If there is i am sure government will collect it,ban it or find a way to regulate it,like what government want to do in cryptocurrency now. |
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We have a freedom to predict the price of bitcoin and other digital currency but there is no accurate prediction as of now because market are long time in red and bitcoin price are quite stable now. So be carefull and wise when you invesrt now.
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Positive promotions brings more investors fall into crypto market. Yes and this is agreed. I would like to say that negative promotion filters strong and confident investors in the market. How do you see it? I say we need strong and confident investors in the crypto market then investors who just look for huge profits a sudden and leave out for another platform if they do not see profits within the time they expect. Whats your thought on it?
There are different kinds of investors but mostly an investors are always has a positive mindset,even negative things happen they turn it into positive. Negative news has a effect to them but they always find a way to make positive on their view. I also believe ,no matter what the news are,inveators will continue to enter in crypto world becauae we are now in modern generation that the best investmen could be in cryptocurrency. |
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Cryptocurrency are so very useful and i know a lot of people using it everyday. It my own,i use crypto in my daily life,it helps me a lot,it's really a blessing for me.
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Crisis in cryptocurrency already happened and i believe that we are now in recovery stage after those crisis and we are able to recover if the demand in the market will increase.
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