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I don't really see this happening in the near future....or in the future in general. You'd have to be willing to spend quite a lot of money to get even a small amount of bitcoin, so it's unlikely that the general public will be able to get their hands on it to make it worthwhile.
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I think every currency in the world is being used for illegal activities. Maybe USD seems to be dealing with it more because they're getting busted more relative to the others.
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It will definitely be mentioned in passing for current events and the unexpected growth. As for an actual focus in class, only a few universities are doing that currently.
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I was a hardhead about swapping out my 2 TB HDD to a wimpy-sounding 500gb SSD, and believe me, it was worth it. If you do file transfers enough (in or out), you'll instantly notice the speed difference.
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The ban of ICOs probably isn't going to directly affect Bitcoin, as their ban wasn't on Bitcoin itself. So probably not much of a change in Bitcoin if any.
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I would really hope not, seeing as how the whole point of a currency is to conform to one form of payment and perform transactions with it. But if each state made their own currency....this would be no different than considering them as different countries.
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What would be the goal in making a state-exclusive digital currency? The American dollar works well enough and most of the products sold out in the market are produced by outsourced manufacturers. Hard to see them embracing another currency they would have to deal with.
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This may be personal opinion, but I think while Bitcoin would be good for short term investment, Ether might be more stable to go for in the long run.
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Popular in name and buzzword? Most definitely. Popular as in most commonly used for transactions? Definitely not.
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That's probably a safe bet until all the Bitcoins have been released, then you will have to account for deflation. But until then, yeah, you should hold onto it.
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That's the life of a trader in this market. It's pretty common to see buys and sells that are badly timed, but in bitcoin's case, it kind of blew everyone's mind with how high the price rose.
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I think most people would if they could, but unfortunately 98% of the those willing are not able. Tell them to knock down the price by a couple of thousand and then we'll talk.
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I don't know if that would encourage SAVING....but investment. But even that would be a very skewed view of what investment would normally look because of the upward trajectory Bitcoin is currently trending on.
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Strange how you're looking for a Cryptocurrency way to acquire passive income. I don't think (I'm not sure at all) there is any monetary based cryptocurrency out there that will GUARANTEE positive returns, you're better off doing LYFT or UBER.
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Now that they've banned ICOs and limited Bitcoin exchanges, hard to say when that will happen. They have the potential to be, but they might be too risk averse to even consider taking the initiative in anything overly ambitious.
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That depends on what you mean by the "strongest". Value wise? Probably. Universally used? Probably not. It's definitely made a name for itself but only a select group of people are capable of acquiring it, and that itself is a major weakness.
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Not exactly. Cryptocurrency is relatively unaccessible to those who don't have access to internet, which are in surprisingly many countries if you think about it. It also takes money to gain cryptocurrency unless you perform a service and accept crypto as payment -- possible, but still not widely accepted. I mean, how many stores do you see taking Bitcoin? They exist, but not many.
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To some degree, yes, but I feel like the same can be said about investments in general. It's an ongoing event and unless whatever you're investing in has pulled out of the market or gone bankrupt, trading will continue to be educational guesses based on research and history.
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Unlikely. The value of Bitcoin maybe be higher per dollar, but it's unlikely for it to replace the existence of the dollar / fiat money. The dollar or fiat money in general is still very widely used and very hard to deprecate.
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