It is very obvious that bank will indeed be nervous as regards the increasing global acceptability of bitcoin. Bitcoin being a virtual currency that does not requires a third party for it's transactions means a lot to bankers, at this end bankers are going to lose their jobs in few years to come. (No tax to be paid). Moreso, bitcoin being a decentralized currency cannot be recapitalized by the so called central banks is another setback to the bankers.
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It may look like useless to you but the brain behind this hardforks knows what they are doing, in fact people take advantages on this hardfork apart from a new altcoin that will be created which serves as additional coin the price of bitcoin also reacts to the fundamentals of hardfork presently the price had hit $5300+ due to the upcoming hardfork compared to few weeks a go when the price was $4100.
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Explaining or teaching bitcoin to children in schools ia a welcome development but this should be done in stages, I think we should start from high school graduate, I believed that this of category of students will understand bitcoin better than teaching smaller kids. We should make teaching interestingto them so as to encourage them towards understanding the concepts behind bitcoin.
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Bitcoin is an alternative source of generating income and serves as avenue for the unemployed to cater for their needs. That why you see unemployed people trying to do one thing or the other to earn bitcoin, Effort is required to earn the bitcoin. Although there is no free bitcoin anywhere one have to work hard to earn bitcoin, and earning bitcoin this days had becoming so hard due to the increasing price of bitcoin.
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I agreed with you there are has been some faceless scams around this cloud mining companies, majority are fraudsters when you invested your money with the aim of recouping your investment, in a long run your money is gone, in fact you cannot even control them, I prefers diverting my investment to something else rather than cloud mining.
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Bitcoin mining is a capital intensive project, this requires purchasing and installation of the necessary or required hardwares e.g Antminers, ASIC which cost 1000$+ and you needed cheap, affordable and constant electricity supply. Investing is also an option but it involves taking risk as a newbie you ought to have been mentored on how to trade before investing your capital. Although it may take sometimes to be trained on how to trade but it really worth it.
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Bitcoin cannot be ban by all the countries so keep your investment intact and be optimistic that the prices of bitcoin will continue to rise. Although there some illegalities being perpetuated by some scrupulous individuals using bitcoin e.g money laundering, terrorism funding, this is why some countries are taking drastic steps to prevent such nefarious activities, but this does not amount to the fact overall banning of bitcoin.
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Few weeks a go I nearly fell victim of this bitcoin generator sites, as a newbie I felt excited when I was told that 0.1btc was generated for me and I can only get paid until I paid them a substantial amount of bitcoin, well I never sent them any thing I suspected scam and I googled search bitcoin generator were It was confirmed as scam.
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Both technical and fundamental analysis are basic tools needed for a successful trading of bitcoin. Technical analysis is the key for spotting price reversal especially when trading bitcoin using Japanese candlesticks in higher timeframe, there are some important candlesticks when formed at s/r area will triggers price reversal meanwhile fundamental analysis is the driving force of the price, it dictates price volatility.
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According to www.bloomberg.com Putin come down hard against bitcoin by calling for more regulations. “The use of cryptocurrencies bears serious risks,” which include money laundering, tax evasion and terrorism funding, Putin said at a conference in Sochi. Source: https:///news/articles/2017-10-10/putin-is-said-to-hold-first-meeting-on-cryptocurrency-rules Truely bitcoin can be used for money laundering and funding of terrorism this is some of the disadvantages of virtual currencies, except strict regulations is being carried out, terrorist will capitalize the fact that bitcoin is decentralized and does not requires third party for it's transaction to send and receive funds for their nefarious activities.
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Quite possible especially higher ranked forum senior members to earn 1btc and above. Members who had been in this forum for the past 2 to 3 years who had participated in one campaigns or the other, more so there are signature campaigns that pays well e.g chipmixer pays 0.0375 btc weekly and presently paid week 21 making 0.7875btc for pioneering members of the campaign.
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Personally I prefer holding bitcoin than holding gold because I see gold as a physical asset and in the process of saving it in a bank or financial institution will cost me some money either monthly or annually, but bitcoin is kept in an offline or online wallet without any external cost or charges. Bitcoin is also more volatile than gold in term of price movement.
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Right from day 1 I knew that Chinese clamping down on exchanges will be temporal and it's evidently pulls down the price of bitcoin for dome days, it is a good news that bitcoin is heading to 5K, bitcoin had broken all the barriers and obstacles affecting it especially the resistance level at $4200 to $4400, and more to it is that SegWith2x is coming and could push up the price.
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One of the greatest obstacle militating against growth of bitcoin in Africa is electricity and unavailability of internet, according to statistics from wikipedia '6.2% of the World's Internet subscribers are Africans. This show there are smaller internet users in Africa, and accessing bitcoin online requires internet.
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Bitcoin is a highly volatile cryptocurrency and I am not surprise that the price has hit $4800+ within the span of three days, this could be attributed to the upcoming (SegWit2x) the price is reacting to the fundamentals of hardfork and this could trigger the price to hit $5K before Oct 25.
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Bitcointalk Username: gabbie2010 Rank: Senior Member Current post count: 638+1 BTC Address: 3LtWp99ruKMScM2HXsM8FJ2LoLcPtsp4Rg Wear appropriate signature: Yes
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It's obvious that people are making money on forex trading, forex trading is not buying low and selling high as regards usual slangs that is common to newbies, forex trading requires fundamental and technical analysis amongst others. Full time or seasoned traders equip with those abilities and qualities have been making money on daily basis, a short visit to forexfactory.com reveals traders explorer as evidences to back up the profitability of their strategy.
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In forex trading Fibonacci indicator is a very effective tool when formed at s/r levels which reinforce price reversal especially on daily timeframe mostly at level 50% or 61.8% and also to be considered is the type of candlesticks formed at those level e.g pin bar, bullish or bearish engulfing bar, morning or evening star e.t.c. As far as trading bitcoin is consigned there is no difference if trading with Fibonacci indicator and if Japanese candlesticks is to be considered and based on at least daily timeframe it going to work fine.
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I just like buying designers shoes and shirts, I will also like to buy posh cars if the opportunity comes, in fact there are so many things to buy, of course human wants is unlimited, but when the opportunity present itself I will surely utilized it judiciously. Bitcoin earned has been very helpful it has enable me to buy so many stuffs that I could not afford to buy with my monthly salary.
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