A good advice that could give encouragement to those who lost there trust on bitcoin market. This is what what was needed of the investors right now. If you just can hold a bit prices are going to really go up. Cyclical as it is indeed, so I also didn't worry that much and right now I am holding coins for I know its going to go up again soon.
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I don't actually consider the newbies as dangerous. For me they are the reason why many got so greedy. They are the ones who invested many and receives nothing because they actually fail to see what is going on. They're more like victims of a failure cryptocurrency investments . If you are an old investor, you don't have to worry about because those who worry much are those are really newbies.
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I think the best thing to do would be to use a computer that is connected only to the internet when doing transactions on exchanges. It should be password protected so that nobody can access it except you.
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I certainly agree with him. If that man is then certainly he is greedy and certainly noy fearful. The principle is an instinct that everyone or has for his ownself. But it always matter when you can control it. Greed is good only when your aim is to get rich but if you wanted to help people then share at least.
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I don't think that fiat currency will be crashed. What else could lead to its destruction aside from a war perhaphs? It has been a system used long ago and until now it has been the basis of describing the status of the governments wealth. The government created it to stay in balance and to just watch it getting crashed is impossible for me.
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It may or may not. But I think what really kills bitcoin and maybe all other digital currency is their lack of utility. If a coin is used for drug trafficking or for any illegal activities I think it may rather give life to bitcoin as usage will increase as long as it is not banned of course. If bitcoin is not used as it is purposely created to be a payment system or as a digital currency then maybe it will be the time that it will be lost forever.
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Popular persons or celebrities could get a lot of support from their fans or friends. There voice may just be the same as their friends or relatives because they could influence one's thinking. If this was true I think bitcoin could have been pushed positively and could have gain some attention even to those who didn't even know what it is.
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There was so much that you can do with bitcoin. You can establish an online store where you can accept not only local customers but customers outside your country and get easily paid with bitcoin. So is bitcoin worth that much? I would say certainly. What matters is the planning that you have to do in order to earn so much using it.
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While bitcoin can be utilized as a currency, yet there is always a great chance for it to still become volatile and will not become very stable due to the system of pricing for bitcoin. If it is dependent on the ratio of supply and demand, then greater is the chances that more investors will be selling their coins during times when prices are high which could trigger a massive dump and falls steeply and which could also go up again easily. Yet still becoming very volatile.
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I think bitcoin still got the upper hand and is more popular so I guess it is going to be bitcoin for now. I haven't seen much about litecoin such that I can conclude that it is way better than bitcoin. So for now I have to choose bitcoin. Besides all these bitcoin is still on the top of all the cryptocurrencies.
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Prices go down for so many reasons, dome due to regulations and banning which creates FUD. Some are due to dumping of several volumes of bitcoin. We also have altcoins which may also affect bitcoin usage. All these creates an unpredictable market which will lead to many of the investors to move out after they do felt that they might just lose their investments.
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Since the fall of the market this year, the only stable couns that I think is still a good coin to vuy would be ethereum. There are times it goes down but it did go up even when the market was not so good. Ripple follows next they have almost the same movements as ethereum. So I guess this two still are good coins to invest in.
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I have seen books that explains how bitcoin works and maybe from there you can make some analysis or conclusions on the advantages and disadvantages. There are explanations also in videos that can support the idea about bitcoin but I think the most important source for information to read is the white paper that states all the necessary information about it.
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Actually, not to disappoint you on your optimism for I am with you on this as I am also holding coins but those people whom you called coward are not actually that coward at all. They are those who are really aiming for more profit and they are those who cannot just wait for the market to go up because they think every secobd counts. They are those who thinks about cryptocurrency as business and not just plainly holding coins just like we do.
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It is so hard to retrieve it back. There was no way of hacking the private key on his address no matter how technologically advanced we are now because it is what is supposed to do. If anybody could just got into the block chain and retrieve every bitcoin then it will be the end of bitcoin because it will become useless. How funny it is to keep a very long and secured key to open it when others could just hack into the system and retrieve what they want and how much is it that they want. So this is how bitcoin works and it is a sad reality.
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Perhaps not as of now. Bitcoin had been strong to resist all that pulls it down. Banning, regulation, etc. causes great impact on prices and yet none of these had ever destroyed bitcoin. So I think it would be good to stay on track and don't get FUD by any who seems to have some bad impressions with bitcoin. Bitcoin still is on top and maybe it will always will because there are too many supporters of this coin and they put so much of their trust and confidence to bitcoin. It is a good technology why fear it then?
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Certainly I would agree. If you are too focus on getting money, you might just do anything to get it no matter what and even at the expense of others who are just like innocent victims. Why would somebody do manipulation if they have to gain nothing out of it? It really makes a common sense isn't it? and besides this is not a forceful and direct way of stealing money. Robbers broke doors and windows and a greedy person might consider this the best way to do become rich instantly. Yet for me it is not good choice of becoming rich.
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There are so many reasons why a country may not be allowing the use of cryptocurrencies, but to sum up all, it is all about possible effects of cryptocurrencies to the economy. Imagine how easy is it to just waste money through the use of the digital currencies. For example one may just lose it online through gambling, buying things not so necessary for the time being, losing money out of being hacked and so many other things. On the personal note, I do not consider these situations as bad as one thinks and none of these reasons really matter. But even if how small is it that you lose, on a larger view, when there are too many doing it, then it will make a big difference. We should understand that any amount of digital currency misused may just be same as wasting the actual money. So every country is watching everything closely before they have to decide whether it would be good to allow it or not at all.
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This a great news despite what they told about regulations, yet there seems to be a good affirming behavior towards cryptocurrencies. This is what other countries maybe loooking at as a sort of reference, which when successful be a good source for future and greater usage of bitcoin. I do hope so, since I am a supporter of bitcoin.
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This is a new idea which is an eye opener. This is something new that can be applied in the real world. Note that each unit of smartphones are different from each other which could make a limitation as to similarities between each unit. So I firmly believe that hardware wallets can be made out of cellphone units as identifier. All we need now is a project that allows this to happen in reality.
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