So I get it Ok, When this Bitcoin first came on the scene it was blasted. So as I watch what is happening with Bitcoin I have to say there are just people who speak and have No Clue what they are talking about.
The other observation is what I am reading is all past financial executives. They are really just making a fool of themselves.
I will leave with this if the SEC is getting ready to allow Bitcoin for trading this instrument is valid........
well we have seen the liked of Mr Dimon of JP Morgan recently slating Bitcoin and there was speculation that he may in fact own Bitcoin. anyway after all the recent negativity against Bitcoin we are looking at a very healthy price. That is the resilience of Bitcoin at the moment, negative news and moves only have a temporary affect.
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China is laughing all day for the past few days because the whole world is under its control and influence. The recent news and rumors of new are all testifying to the fact of how powerful can China be in almost aspects of global play...not just in cryptocurrency really.
Why it came to this sad state? Well, China knows how to plan and it has a long-range goals and one thing is for sure Bitcoin and cryptocurrency may not be included in that global domination vision.
Right now, China can show a tantrum and the whole world can shake. Can you feel now the power of China all over your body (hell, am even using a body wash Made in China!)?
its nice to see a thread like this rise again and nice to view the comments and especially the OP. Within the last 24hours on Bittrex Bitcoin has reached $4929, so after all the false news, FUD and panic Bitcoin has regrown to past glory.
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no blockchain will not destroy corporate America or any other country I can see each country embracing blockchain technology but with their own applications and each one unique to each country.
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I would recommend EXODUS.IO it is a desktop wallet so you have access to the private keys and it has SHAPESHIFT built in so you can trade within the wallet with the other altcoins which it also supports
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It would be nice to know which countries people are talking about? In my country (ireland) as far as i know there are none I wonder as far as europe is concerned where are the machines located? We know Italy has 11 and Ireland 0
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Some pretty solid advice above. There 3 main wallet types which are the safest, paper wallets, hardware walets and desktop wallets.
It is important to secure them with passwords, keya and Authentication. Also it is important to secure those passwords, etc. Safely and finally there should be a general practice of Security and to keep it in mind with everything we do.
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This of course is good and positive news for bitcoin and crypto in general. Regulation is needed but as i mentioned in a different thread, it will be interesting what will be involved in regulation.
If it ensures safe scam free environments for using crypto in all aspects Without compromising anonimity it will be perfect.
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This is how I think it will go, hard fork will happen with A lot of bitcoin gold created and which will be absorbed Into bitcoin and other alts.
I'm not sure gold will reach the heights of cash and bitcoin might have a little wobble but it will be all good.
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Hi, I found this on the website: "In the future, if Bitcoin becomes truly popular, each single Bitcoin will have to be worth at least hundreds of thousands of dollars in order to accommodate this additional demand." It has to be that way since there never would be more than 21 million Bitcoins.
If I in the future should buy an USB-cable worth 1 USD and 1 Bitcoin is worth 500 000 USD. Would the cable cost 0,000002 Bitcoins? If so, it would be difficult to quickly get an impression of what the products costs. Its to many zeros.
well the way I look at it is that $0.01c at the moment in "Bitcoin" is currently 0.00000210 BTC so in order for the lowest denomination of Bitcoin "Satoshi" to be equavilent to the lowest denomination of $FIAT the Bitcoin value would have to reach approximately $1,000,000 so 0.00000001 BTC = $1,000,000 I think this is what you are getting at ?
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the OP did not include an important bit of information from the first paragraph of the article here you all go > This week seven individuals were arrested for running illegal bitcoin exchange operations in Nepal. According to Nepal’s Central Investigation Bureau (CIB), the suspects were trading bitcoins without authorizationNow there are a few KEY WORDS which will have to be noted here because it seems a lot of people have not read the article.... ILLEGAL WITHOUT AUTHOLIZATION so I would take it that there are legal bitcoin exchanges and all in all this article isnt even worth reporting on. move along, nothing to see here
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Bitcoin price is now $4,605.I hope that you would have bought bitcoin by this time.By the way you react,i think that you take decisions totally based on emotions.You must avoid it to be successful in crypto field.
Now,you are urging to buy bitcoin on seeing its price increase.So,if bitcoin price drops a little,definitely you would get panic and would immediately sell your bitcoins.Its not an efficient way to earn in bitcoins.
Just be patient and invest in bitcoins only in a long term basis so that you need not have to care about short time fluctuations in price.
Bitcoin may even cross $5,000.So just hold your bitcoins to reap more benefits.
Yes I was going to answer the same really, Bitcoin seems to have come through all the negative fud and sh1t talk and has its healthy value back. I recon also that it is good to buy even now because the value will be going up!
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Bitcoin Gold could very well take the same path as Cash, big interest and big pump initially and when people start trading it into Bitcoin and other crypto it will slide back.
Bitcoin is where the interest is and people may try to gain extra coins ahead of the next fork.
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ah I was wondering why the wallet was in maintenance mode a few days ago, I havent checked it yesterday or today so this is a surprise to me.
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Agustin Carstens, head of the National Bank of Mexico, said about bitcoin. Karstens said that bitcoin is more of a commodity than a currency, and added that he does not have anything to ensure his accounting in the financial system. According to him, since bitcoin is not supported by either the government or the Bank of Mexico, it does not fall under the existing currency definitions. In addition, he warned about the problem of cybersecurity and stressed that the safety of users should be ensured. Finally, he noted that the authorities will soon propose legislation regulating financial technologies, such as crypto-currencies. That guy is not the head of Mexico. I do not know how to spell the head of Mexico's name, but I can guarantee you it is not that guy. you are right, he is not the head of Mexico, he is the head of the National Bank of Mexico this is good news though. while not banning bitcoin we may see a move by Mexico similar to Japan and Australia
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I buy from exchanges also! although I havent bought in a while Bitstamp Litebit.eu anycoindirect.eu coinbase
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im not surprised about the euro trading but what really stands out from the pie-chart is Japans volume which is massive and in contrast Chinas which is similar to Euro, I thought China was a bit of a powerhouse with Bitcoin? are they using Dollar trading?
Juggy777 may be right with his analysis, the chart may not be depicting the correct breakdown
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Inwould have thought that the markets are being manipulated to some degree either directly and/or indirectly. I dont know but maybe as the market gets bigger its harder To manipulate or the effects wont be as severe, thats just Me thinking out loud, i have no scientific proof for this
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This isn't first time when price are dropping we have seen similar situation many times before as well. Alternative coins markets were on decline for last couple of days some of them came out successfully and few are still facing same trend. It will change the direction and green candles will be everywhere again.
I hope so. I will HODL long term because the project is promising. GNT will be a good pick, you just bought at a bad time give it time and you will be crying you didn't buy more at this price. I sold by GNTs for a while ago. I've been thinkg of gettin them back and it's seems good time to do that. Not decided yet though The dump is deep now and it could be a good time. Yeah it is really deep. Many coins got dumped hard lately. Better trust solid projects and sometimes shouldn't care the price. We are still seeing the negative results of the China ICO Scenario. I traded some of my Golem a few weeks back. I like the project but i would like to find out what is Going on with the development side of things before I get back into it
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Is Satoshi Nakamoto really four electronics company combined work?? Sa-msung Toshi-ba Naka-michi Moto-rola Also they support Bitcoins! An interesting concept or a possible coincidence, who knows... Bitcoin doesn't have to be related to electronics, I saw a company today advertising "refrigeration and tail lifts" they are not related. Everyone knows about satoshi nakamoto and his creation but do we really need to find him?
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Japan officially recognized bitcoin as a method of payment, creator of Bitcoin is said to be possibly Japanese, and Japanese telecommunications company GMO announced its plans to invest $ 300 million in the first half of 2018 for Bitcoin mining, I can see why Japan would be one of the leading countries in crypto.
Now that's an interesting bit of information, Japan along with Australia seem to be realising the potential of crypto. Does this also mean that Japan will replace China for the mining of Bitcoin?
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