I think the trnasaction fees in all cryptocurrencies are the number one problem of every traders. They get less profit because of the transaction fees. High transaction fees is one of the disadvantage in all cryptocurrencies.
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If you are talking about the downfall of the bitcoin price, All I can say is this downfall is very normal and this is just a part of this business. As what you can see in the market, bitcoin is so volatile even the other cryptocurrencies, it goes up and goes down at any moment. So, don't be scared about this downfall.
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I think buying bitcoin when the market is red or the price is down is the best way to earn bigger profit. This what everyone's way of earning bigger profit in trading when the price increases again.
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I think everyone who holds bitcoins wants high price because they can earn bigger profit if the bitcoin price is high, Even the people joining bounty campaigns wants high price so that they can trade their tokens at high price at rhe end of every campains.
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I think the government already know about bitcoins and other cryptocurrencies and i'm sure they are planning to ban it because they fear that it may affect to the economics in the country. One more thing is bitcoin and other cryptocurrencies have no tax and they can't add tax to it because bitcoins and other crypto's are decentralized.
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Yes positive thinking bring positive things, if you think negatively badluck will come to you. Just think positively that we can earn bigger income in bitcoin and I hope it will come.
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In my own opinion, bitcoin is so much special than the other cryptocurrencies because bitcoin has the highest value and that attract's many people and gain its popularity. Other cryptocurrencies can still take the place of bitcoin and get the highest value but bitcoin will still be the most special among them all because bitcoin is the first.
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I think bitcoin is not losing it's popularity. If you are talking about the downfall happening now, this is very normal because bitcoin and other cryptocurrencies are so volatile, it goes up and goes down at any moment. If you have bitcoin don't lose hope, bitcoin will stil recover too soon.
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Selling your house to invest in bitcoin is not a good idea, you are investing your house to a risky business. But it's all depends in yourself if you do it or not. If you sell your house to invest in bitcoin, you must accept that bitcoin price is not permanent, it is so volatile, it goes up and down at any moment. And every downfall may result to failing and bitcoin will die.
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For me bitcoin price is not imposible to reach the price of $20,000 but that won't happen this month. We expect the large jump of bitcoin price on the third or last quarter of this year. Maybe it will increase this coming second quarter of the year but it won't reach $20,000.
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For me it's not too late to invest in cryptocurrencies for the old peoples because cryptocurrency is for everyone. If they know what they're doing then let them be. And for me older peoples are better keeper.
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Bitcoin price is so volatile, it goes up and down. Now, bitcoin price is going down but i dont think it will reach to as low as $100 .
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I think bitcoin price will increase again. Price of digital currencies are so volatile, it increases and decreases at any time as what you can see in the market.
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