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Imagine how far we came through at it's present price since from it's existence. No other form of investment can compared it's growth rate. This all things happen just because we made it and let it go that way. People are trusted this and they totally invested, that's make it grows wildly in the market.
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14k seems a good point to remain in my opinion, 20k was simply too high but now we can see that 10k is too low too so bitcoin is sitting more or less at the mile of those prices which means that is going to remain there for some time until some positive or negative news happen.
I also feel like $20k was too much too quickly, even for bitcoin, so I'm very pleased to see we've been holding on to the $14,000 position for the majority of the current correction (might be over when I'm writing this). There's been a lot of FUD in the last few weeks but despite that we were able to avoid dropping sub-10k which is a very comforting thought. Since the markets are looking very healthy I think at this point in time there's room for another leg up very soon. And also it won't make people thinking of not buying bitcoin with the present price. $20k it's gonna be too much expensive that investors will sure neglect from investing here or they just go for altcoins. At range $10-14k is good enough and it's far from $100 at the start of bitcoin's existence, and maybe we should be contented with this price. |
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I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.
But, is it possible?
In theory,to hack the bitcoin network you will need to decrypt/hash every single transaction in the Blockchain,however to do this,you must have a huge computing power. I have read somewhere that even if all computers in the world team up and try to do this,it would take a very long time. Keep in mind new daily created transactions too The unique creation of bitcoin is the thing that could never be crack, it's system really impress everyone that make our coins into a 100% secured. Some people get hack just because of their own negligence and also they are sharing their account into others. |
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when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?
This actually depends on the media itself. There are some media supporting crypto currencies and some of them is against. As you all know that market is dominantly owned by bunch of whales and each of them own some media organizations. They all control media to manage our fears to control prices. Mostly medias are being paid in order to criticize and destroy other personal image. The world is full of competition, some people are doing unpleasant action for them to win the war. That's why they used media for them to easily spread their actions towards others. |
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It only have the same scenario. Money doesn't give effect to the the status of a person either physical or digital, it only matters to person how they work hard to improved their living. Everyone have chances to grow, if they really want to move and find a better way.
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Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??
That is usually traders do, buy potential coins at lower price, hold and wait for the price will go higher, and then sell. Price and market trend will be a basis to have a good profit. Knowing that market value of each coins not always in high price, sometimes it will goes down and then buy. |
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Before you invest be sure you have check the background of the company and that you have fully understand the rules and guidelines so that your investment will be worthy.
Having a good investment,it could really create a good profit too. Lot of people doing investment with crypto(especially bitcoin) because they believe that their will be huge profit after a months of holding. People take the risk because they know that it is worthy of having this and of great return. |
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Though cryptocurrencies are becoming widely used by individuals but it doesn't mean it will make fiat money to disappear. The acceptance of crypto by the community isn't totally a 100%, considering that not all establishments are accepting this currency.
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and now everything is on an downtrend..  The market trend of all crypto really not showing a good market but then, life in crypto still going on. People were just keep on believing that it will normalized and it could make another strike in the coming days. |
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Of course cryptocurrecy is now getting recognized globally just because of bitcoin popularity. For it's promising price and great market history, it really impress investors and attract from having investment with. Because it really gives us profit when you invested in bitcoin and certainly it will give chances to become a millionaire.
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My biggest was from ebtc when it first came up.I made upto about $1500 from that airdrop and fortunately sold at the peak before it's price crashes.Eltcoin was also a big hit for me.I tried hodling but needed money urgently and had to sell off.I Regretted later but there was nothing i could do.The airdrops now adays aren't as lucrative as first even though i still join them just in case
Your lucky enough that you have participated with that airdrop and earned that such amount from free coin. Because mostly airdrop coins are something to say that it have almost nothing value in market, but if you have patiently wait for it to grow it could possible that get money from the just like what happen to ethereum blue( sad I loss chances to this coin coz I sell it early) it reaches into $1+. |
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How do you conver BTC into physical money share your ideas because I just got into a campaign and I dont know how. Thank you in advance.
here in my country (Philippines) we use to send the BTC to coinsPH wallet and convert it into FIAT or PHP and then once we have the php we can send it to remittance center or bank accounts, theres also a e card on security bank as an instant withdrawal of coinsph Actually, there is a lot of exchanger in every country which we can directly convert btc into fiat money. It only matters that, there will be charges or fees correspond to the amount of your deposits and withdrawals. And still need to be verify your account so you can make withdrawals and maybe that would be happen also in other country. |
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Exactly everyone's are waiting for. I know we all hardly test by a huge dump in past few week but as what we saw in the market, it seems that it started to climb and gradually it will go $20k and beyond.
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Even though crypto are very popular today but it isn't in a form of currency instead it become a huge investment, that's why there is no reason that it will replaced fiat money nor it kill local currencies. Cryptocurrencies are totally different from each others, in forms and in used. Both are very useful today as it always gives us options which one we are comfortable to use and applicable in a certain areas.
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The best time to but bitcoin is when the price is going down in a dip mode.
Bitcoin price nowadays are started to rise together with some altcoins(mostly). It is better to buy right as it is not totally expensive, and don't wait the time that it will goes down because we can't really know when. Waiting for long is just a waste of time, without even a little amount of profit coming in. |
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Africa is covered by demand for crypto-currencies !!! Now Bitkoin.Africa allows customers from all African countries to buy bitcoins, quickly and without problems. Nigeria became the first country to exchange P2P digital assets, seeking to facilitate access to bitcoin throughout the African region. Bitkoin.Africa was launched by a team of Nigerian developers on October 1 Have a nice day, everyone!  This will definitely affect the development of this region. There are countries with huge hyperinflation. Cryptocurrencies can help reduce unemployment and poverty. It was a great idea of their leaders to let bitcoin penetrate in their country. Not only it helps their people but also to improved the old system into new and much better. This new system will help for them to develop their country and to weaken-up sleeping individuals to embraced this new opportunity for a chances to have a better life in the future. |
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If that happens, people will become doubted about investing bitcoin anymore especially those people that are new in crypto. But for the individuals who are believing bitcoin it's gonna be a big opportunity to buy in bulk numbers.
But I really don't it happen to bitcoin, since it is recognized and started to used worldwide.
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No one will cross out this probability, but soon it will not happen, but I think that by the middle of the year we will see a slight drop in it
Actually, everyone are aware and know already the nature of bitcoin and any other forms of investment, it sometimes goes up and down. In fact, we can't ignored any possibilities that would happen anytime, because it truly happen repetitively. The only thing we should have to do is to prefer the day is come to us. |
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Don't believe in predictions just because high profile people said so. In reality, no one can ever predict something to happen, they can only anticipate.
Although predictions are not a 100% to happen in the future but then, it can help us to boost our trust and confidence toward bitcoin. Because all of us are having a positive thoughts about crypto, and we should be positive for that as everyone expecting more about bitcoin. |
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All what we can do is a prediction, knowing well that nobody knows what 2018 will be.
I think there are some very promising altcoins which are going to perform extremely well in 2018. Others will slowly disappear.
It could be possible, because the altcoins are increasing and it could affect market trend. Knowing also that, investors are very smart in choosing the best coin for investment and all those coins having a low volume will definitely affected |
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