Hey,
I have been investing in some btc recently and i have seen that in my country i can pay for example in a pizza restaurant (when i order online) with online coins. Do you think that btc will become the future currency of our world?
This day most of the offline store start to accept bitcoin which quite convenient because you can pay your bill easily. It can be currency but it will undergo in your government if they implement that cryptocurrency is also legal currency that can be use in different transactions.
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Just like an account where one's fiat currencies are kept so also is wallet where digital assets or cryptocurrencies of crypto lovers are kept. Can the wallet be vulnerable to hacking and if possible how can that happen? If you have experienced it before, I want to learn from your experience.
Everything in online world can be hacked especially if you are careless person. However, there many ways to keep your wallet safe from hackers. First is to avoid unknown links because most of that are contains viruses that detect your password and wallet. Second is always keep your wallet in a safe place and do not ever share your private key to anybody.
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If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?
Bitcoin is decentralized cryptocurrency so its hard to regulate and no one can control it even the government. I like that bitcoin will be accepted in all country and I think many people will not like it if there is someone who can control it.
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in this month whether bitcoin will reach the highest price?
Do not expect the high price at this bear market and do not ever expect in the end of this month the price of bitcoin will reach again the $20000 like what happen last year. But, I hope it will reach $10000 in the end of the year start to increase little by little. I hope so.
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Hey guys, I wanna ask you a simple question. Do you still believe in crypto? Do you think it will strike back and we all will be rich? Why?
If you are willing to wait there will be strike back because at this moment patient is the key to become rich. I'm still believe in cryptocurrency and you will really become rich once the price of bitcoin goes up but I think its hard to predict it will be pump up so we need to wait and see what will happen.
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Ethereum is young in relation to bitcoin, its market capitalization continues to grow every day. Ethereum became very popular when many tokens started using their smart contracts. Many ICOS are based on the Ethereum platform. Will it be more stable in the future? What do You think about this?
Actually, ethereum are belong to the solid coins which can have better and bright future. I think if the ethereum will develop more many investors will attract it and I think because of its development many ICO's will go to their smart contract. I think there will probably stable price in the near future.
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Bitcoin is being adopted more commonly in online and offline outlets. More nations and governments are legalizing it also. Bitcoin is not where it should be, but it has come a long way in just abouf a decade. Financial assets are not readilly accepted into society, especially one which has no government or control system.
I think as of now only online store already adopt and accept bitcoin as payment or money that be use once the costumer buy their product. There many things that need to be consider if we want to accept even in offline outlet because most of the offline market are have authorized of government and we all know that there are still goverment who against in cryptocurrency.
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I hope bitcoin will not be banned even not in my country because it really helps the people who are in need. Bitcoin makes people lives better and easier. They make money faster.
Everyone want to not banned bitcoin but because of the people using it in a bad things many governments start to banned it. I think because of that bad news about cryptocurrencies the image of it especially bitcoin will be ruin and it is totally bad. Bitcoin will really make your life better and easier but I hope in the near future bitcoin will become legal and all government will accept it.
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Its hard to predict that it could happen but if we support and develop it there is a big chance that it could happen. But somehow what will happen in the fiat currency. If we push the digital currency like bitcoin we can really transact and send money easily and fast. I hope it can become world currency but we will still use the fiat currency.
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Sometimes some of the news affect some individuals by altering their blood pressure values. They begin to think about how bitcoin prices are going to revive pertaiaining to circulating informations. Some people get frustrated and burn out then they end up in panic sales. This actually goes a long way to affect prices of bitcoin since people are buying at cheaper prices.
News can bring more investors also it can also reduced the number of investores. In one news everything can happen just like many people will be interested in bitcoin or in other cryptocurrencies. Because of false news some people tend to do panic selling but you should stay calm and always check the news if it is true or not.
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Why people invest in ICO when it is risky and these days most of the coins are dropping. Do you think ICOs are going to survive for a long time?
Even it is too risky they still to invest on it simply because of its platform and income you can get once invested in their ICO. The ICO will really survive if there are lot of people who support it until the end but once there are no people support it the ICO will probably die.
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Hello guys! I am a researcher studying how messages in twitter affects the price, for my thesis. I am currently creating a library grading unique expresions and words that are used in cripto and trading environments. I am looking for people that have trading experience and want to help me grade these words. It is only about 40 words and it wont take much of your time. In exhange for the great help I am offering the study once it is finished. If someone is interested, contact me at jaime.badiolaramos@gmail.comThere are multiple factors that affect the price of bitcoin. I think a kind of social media can also affect the price of bitcoin because of this social media you can see all news about it and then many people will become curious and they will be interested on it. Because of their curiousity there are tendency that they will invest and the number of people who will invest will become double so that I think also twitter or any kind of social media can really affect the price of bitcoin.
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Government is not against crypto if they can regulate it. They need to get taxes from people hiding their wealth in crypto. The reason why bitcoin was created is to let go from a corrupt centralized system and yet, almost all of the exchanges are already regulated by the government and even crypto holders are being taxed. When it comes to the government laundering money using crypto that would be a risk for them since blockchain technology is made public and everyone can view transactions being made. Sometimes people can't accept changes in technology that can possibly ruin their ways of stealing money from the people. The reasons why still government not allow or accept cryptocurrencies is they can't control or regulate because of its being decentralized. If the government wil allow cryptocurrencies many people will use it and the government will be have low funds because it is tax free.
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That's a good advise. I use a Ledger nano s and works very well Using any kind of hardware wallet will help to secure your bitcoin or other cryptocurrencies. Its very convenient to use because it will works very well like you said and the transaction was very smooth and fast. Storing cryptocurrencies in hardware wallet is a very good choice.
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Lots of coins are coming in every month. But I can't know which coin will good in future, Always I face problem with my confusion. So, is there anyway to know which coins are good?
Thank You
Actually, there many new coming cryptocurrencies and I think there will be more in the near future. If you want to know if the coins are good you should check its platform and always read their whitepaper. And, always check if there are many people who have interest on that coins.
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Is it safe to manage multiple bitcoin wallets from one pc?
Using multiple wallet will really able to help you to secure your cryptocurrencies and you can assure that it is safe if you store your password and private key in a safe place. If you have big amount of bitcoin you can use multiple wallet and it is safe using multiple wallet in one pc as long it doesn't any viruses.
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Good evening, I have a few questions with the current state of bitcoin, whether in 2019 bitcoin will rise again or decrease, the question I made is based on the number of ico and selfdrops starting to develop, in this case whether the altcoin will follow the movement of Bitcoin or even bitcoin will lose, people will still choose Bitcoin as a coin investment or choose altcoin as a short-term investment .. we see next year .. Many prediction that in the year 2019 the price of bitcoin will rise again and it will go the moon and I hope it would really happen. This year is not good because all cryptocurrencies are down especially bitcoin and its totally bad. its up to you what will you choose and I think i will choose bitcoin for long term investment.
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How can you invest in bitcoin without being scammed? There are people using very fine techniques like selling bitcoin cash in name of bitcoins using confusing websites name. How to be safe from such scams ?
If you want to invest without being scammed is always check the website and conduct some research so that you can know if that websites are trusted. Just invest in trusted website where many people already invested on that website. Do not ever invest in not trusted websites because it is very risky and there is a big tendency you could lose your money.
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What would be your thoughts and prediction to what will happen in 5 years from now in Crypto?
Do you see higher values?
Do you see less projects?
Do you see a merger of many projects?
Tighter Regulation?
More acceptance?
Society in general?
One of my prediction on bitcoin in the next 5 years is it will be more acceptable in different field of industry especially in business world which more people use bitcoin as currency. I also a high value and many projects will be related on bitcoin. Lastly, in society many people will use and invest in bitcoin.
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It is hard to explain or introduce what bitcoin to other people. I will explain that bitcoin is a digital currency that used a blockchain technology that transacts anonymity. We can earn profit but needs more patience to deal with.
I certainly agree to that opinion, its very difficult to explain to other people especially to the people who have knowledge about cryptocurrencies or online investment. Just tell to them that bitcoin is a digital currency which can help you to transfer money and tell to them it is also good investment which will bring good income. If you really want to earn good and big income you should be patience and wait until the price goes up.
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