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Of course bitcoin is for the people and not for the corporations. I believe many people still holding bitcoins and even a lot of companies and stores are accepting bitcoin as payment but it doesn't mean that they monopolized the bitcoins. Bitcoin was created for everyone and only for a single person or a group of people doing business.
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Friends, the market capitalization suffers from huge losses, do you think the "Great Depression" of cryptocurrency will last for a long time? Will you do something until the end of the year, or you wait for growth the next year staying with your portfolios on hold?
You know it's difficult to predict the market situation now but we are still hoping for the big changes before end of this year since the bitcoin is very volatile. For now,i will hold my assets 'till market recover. |
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Simple explanation. There were few on the top, earned a lot of money, the rest were just losing it. The problem is, there will be no new investments. This is not stock market aka Tesla, FB...BTC do not produce any usability to anyone. It is just mere speculation.
Not to mention all the scams related to blockchain coins. From Tezos to Bankera and Centra, and we are talking about milions.
Btc will be replaced with coins like TUSD.
As I said, few gained fortune the majority lost most of the investment. I lost 10k eur. Not to kill myself but still a lot for an average Joe.
Well,everything may change and the popularity will be gone but in bitcoin now it is still worth to invest. Why they said bitcoin is dead? There are still demand and supply in bitcoin market and price still high then bitcoin is still alive and trying to do something in crypto market. This is not the right that other coins will replace bitcoin. Btc is still the king of all crypto. |
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People are sometimes exagerrated,they are pass jump into conclusion,they have an advance mindset about everything to happen,it's because simply they don't believe it or has a doubt specially in bitcoin. People know bitcoin are so volatile and once they saw the market going down they will said it will not recover,it will be worthless but if you are a business man and you know the market and all about the product you will not have doubt and you always think possitively. Market keep on chaging,sometimes up,sometimes down but that is just normal scenario.
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Prediction is always a prediction,nothing sure and nor 100% precise even if it comes to the expert. Everyone can give prediction for the posible future of crypto but not guarranted to happen exactly what you predict.
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How would the crypto arena be different if everyone knew who Satoshi was?
I think,it's different scenario in crypto market if Satoshi was not anonymous. And for sure crypto will not become decentralized because government will arrest Satoshi for violating the centralized currency. Or maybe it will lead to a lot of people use crypto without fear but need to pay taxes |
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All my savings are currently in BTC and all I can safe in future will go into BTC as well.
I will NEVER return my money into a bank. I have no any intention to ask 3 to 5 days before a large cash-out, to pay taxes when I do receive MY money into "my" bank account, to pay taxes to STORE MY money in "my" bank account, to pay taxes to use their terrible internet banking to operate with MY money, to pay additional taxes for various transactions, to pay ridiculous fees for every paypal transaction and/or withdrawal, to wait a week for approval on a large transactions..
I have no any intention to get surprised one day with a bank account locked without notice; with transaction blocked by some reason, with funds frozen because some someone decided the origin is "unclear"..
NEVER AGAIN!
I do not care if the price of BTC goes to $1 or ¢1, it`s enough if I will be able to operate with it for every single purchase and for all of my needs. Untill that day comes I will never return MY money into a bank! If all I have become to a value of ¢1, it`s fine! I will have MY ¢1 FOR REAL, instead of unclear value is someone else`s bank system, created in order fiat owners to make more fiat only because they already have fiat.
That's the spirit of crypto. You have a lot of hope and courage despite of bitcoins value and you have a positive mind that driven your decision to a great possible to happen in the future of bitcoin. That is a wise decision ever not to sell nor to panic but be brave to hold and wait until market recover no matter what happen in the future. |
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With this current situation of crypto market specially in bitcoin i think we can do more other than saying Hold is Buy more. Let's grab the opportunity that bitcoin price fall a little because it is still volatile even it going down still it go up and down. It will not stay at the bottom,it will climb back soon...so much better to invest more now.
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In our generation today,yes young people will drive bitcoin adoption than the older generation. Young people has an advance learning method about new and modern technology. They are more familliar with the use of different electronic gadgets and technology ,they have more knowledge about it than those old people.
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In order to win and avoid losses we need to set a trading plan. Trading is not easy to understand,if you don't have a trading plan i think you will fall into a lot of losses.
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Hi guys,
I am currently working on a research on bitcoin and to proceed, I need some answers as to people's motivation behind investing in bitcoin. Could you folks please help me by answering my questions? Would appreciate your comments!
Q1. What are your main reasons for investing on bitcoin?
Q2. What do you use bitcoins for?
Q3. Where do you see bitcoin headed going into the future?
Q4. What are your main concerns while holding bitcoins? Do you fear the backlash from society, environment (online/offline), safety features, regulations, market factors, etc.?
Thanks all!
1.Ofcourse my reason for investing bitcoin is to earn money and to gain more profit which is also the main reason of everyone why they are here in crypto world. 2. I used my bitcoin for paying my bills online and for loading purposes. 3. I think someday the population using bitcoin will grow and grow because bitcoin will.become more profitable and usefull in the future. 4. When the market is falling and bitcoins value keep on falling. |
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Well,maybe someone is want bitcoin to fall even $1500 so that they can buy more but i think it will not happen because people also want the value of bitcoin increase.
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I'm not even joking:  Good time for those who have capital to buy bitcoin... You can add some bitcoins now n your wallet and juat wait for his turn |
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Well,those have negative thought in crypto,i think will panic again because instead the price go up in this month ,it go down again. I think it's just temporarry for a short period of time like what happened last year. I think December will be good for crypto.
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Nowadays,we are using modern and advance technology and there are so many jobs online that can apply. Also young people now are familliar and knowledgeable in terms of high technology that we use. So,government should accept cryptocurrency for the sake pf many people and to minimized poverty in every country. Cryptocurrency are helpful not only to our fellow countrymen but also those people all over the world. The problem is that government against crypto and can't accept it because of being decentralized of it.
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If this is true that bitcoin holders Being taxed in India is good to help the economic situation of their country and people their will now have a lot of trust in bitcoin because their government regulate it. But the sad is the decentralized of bitcoin will be lessen.
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Could you see a future wherein the entire world shares one global currency, be it fiat or crypto? If I think it in a scifi kind of way, it would most probably be some digital currency that could all just use. It doesn't even have to be in this century. Maybe the next?
Dollar is our national currency and i think it is not difficult to have a global currency if every country will have a one concerted either fiat or digital currency to become a global currency. |
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if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
I think that is impossible to happen because people is bitcoin lover and want anonymous. If you put up a bitcoin bank you need to gather personal data from the people who wants to use your bank and beside there are so many online wallet where they can store their bitcoin which is like a bank. |
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Ofcourse because it is issued by the national government to be use in our daily needs and transctions. Fiat is the medium of exchange because it is tangible and stable value unlike digital currency. Cryptocurrency will grow year by year but fiat money will remain to be use in our daily lives.
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In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
It is difficult to control cryptocurrency and besides bitcoin is a decentralized which is nobody can control it. Government saw the power of crypto to the people that's why they try to have conttol over it in many ways including the attemp to have own cryptocurrency. But i thinks it is impossible yo happen. |
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