Wow! So much hate! Do you know really what is hodling? People that were only get curious in bitcoin because of the bull run has the same thinking, they think that there will be a time where the value if bitcoin will continue to rise up, which is rare. True hodlers know that it isn't true, and they know when to sell and when to buy. It doesn't mean that if we didn't recover to the bitcoin's peak value then the hodlers lose.
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No, I don't think that is possible. Obviously, some big people will not allow it to happen. Besides, a compete decentralization is risky, because there is no regulation at all. It is prone to scams and the likes. There must be an authority atleast in some aspects so that it can be regulated.
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O don't know, but I think what you have suggested isn't a good idea for the reason that we all know how dangerous the Chinese government is. They even have their own social media, that's why I think they can locate and record different online activities of their people. Besides, they don't need donations, what happening there is the dream of Hongkong to be free to China.
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Mass adoption is very difficult to achieve because not all countries have the same resources. There are developing countries that instead of surfing the net, are only focused on their daily lives doing their physical jobs. Also, Government and big companies will be a factor. It is if government will adopt it, then there will be regulations, and that is not a good thing because why do we use crypto? We don't want our transactions to be monitored. The companies that think bitcoin is a competitor would also make big moves just to stop it.
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Hmm, I think it is good for commercial purposes because it attracts or make people curious about it but I don't think many users will adopt it. The reason why is the high fees and rates. I would stick on the old way rather than using that. Also if they adopt it, what will the government do? Taxed it? It will just increases the fee and on some way make the transactions watched or monitored.
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No, I dont think you can call it Gold 2.0. Yes in terms of as an investment and something that has value, bitcoin is maybe getting the edge, but gold as a whole, bitcoin can never replaced gold. The reason is that gold has different purposes. One is its used in medicinal equipment. Others are used in tools and other type of equipments that requires gold. I might be sounded funny because I take it literally, but again it is the real thing.
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Well, making money with bitcoin is not like what those people that get interested only in the bull run of bitcoin. They taught that in bitcoin you can get reach overnight. It is not true. In every means of getting bitcoin, you need different things. Just like in mining where you need to invest in hardwares. In trading, you need to learn first the basics and you must have the courage and patience because things might not go your war. I am not discouraging people, i am just informing that it is not that easy earning bitcoin.
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Well my family didn't know about bitcoin and the things that I am doing here so for now it is really nonsensical to do that but if I have a chance, I will teach them or atleast one of em the things I am doing. It is because again, we never know what would happen the next minute, day, or years. Atleast we have back-up plan in everything and our family is I think the most trusted people. If we cannot trust them, so who are we going to trust?
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I don't think that's the reason on why bitcoin value is increasing. There are many factors why the value is going up or on the up surge, and obviously we cannot pinpoint it. Also, it has to go up, it is its nature. Nevertheless, even though we don't know the exact reason, let's ride this wave and get the most out of it.
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Well, I cannot deny the fact that it is bad for the reason that it only shows the activity decreases. But I think on what you have mentioned in your post is the only reason why, and I even think that it's effect is almost close to none. The reason why this is happening is because the peak year, bitcoin had drawn a lot of attention due to the connotation that it is a rich scheme (because of the bull run) but since it's over, the people engaging decreased.
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Obviously, we cannot find him. He chose to be anonymous after all this time and we must accept that. Let's just appreciate this man who give us this technology not by trying to find him and to say thank you, using his technology and helping it to be discovered by as many people as we can, I think that is enough.
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Amazing! This commercial is one of the steps for bitcoin to be accepted world-wide. This can help bitcoin to be accepted by the masses and for them to adapt it to their life considering how bitcoin can help them. Hoping for more commercials like these that will promote bitcoin because of what bitcoin can bring to the table.
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This is so nonsensical. Yes maybe digital currency will make you earn money, but if to the point that you have financial freedom, no. You even have this condition mentioned on poor countries. Those who can earn so much money to the point where they will have financial freedom also need to to have a huge amount of investment. If they don't have that (if they aren't rich), then they cannot earn much money that can be considered as having financial freedom.
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Gold is more than that. Yes they are both a form of investment and bitcoin has some advantages compared to gold when it comes to transactions but gold has other purposes. An example is the use of gold in medicine where it is used in some medicinal equipments. Another example is those tools which are made up of gold, obviously bitcoin cannot replaced those uses.
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Well there's downsides and advantages if there will be more adoption for bitcoin in ATMs. The downsides is you are now negating one of bitcoin's purpose, its secured payment where it is anonymous. Also, how about the exchange rates? Unless they will lessened it, it wouldn't work. Good thing about this adoption is free advertisement. People will get intrigued and curious about it. Sadly, many banks think bitcoin is a competitor, that's why this adoption is unlikely to happen.
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It depends on you. I mean, we have our own way of allocating our money. In the first place, you have that allocation, so why did you that? For sure you have your own reason. Me personally I have different allocations but again, I have my own reasons why do I have that. Stick with your plan unless you can no longer take it.
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You can do trading, but i don't think that is appropriate for you because it seems you are new to this unless you study for it(it requires knowledge and patience). Think about things that will make you earn bitcoin like for me, I join bounty campaigns. These campaigns have their set of ruled and workload and if you will have done it, then you will earn money. You can do freelancing as well, it depends on you.
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Well, we have many ways for us to win our trades, but we have our tough times. Frustrations is inevitable, and these frustrations will define our success. If you let your frustrations hold you, then obviously you will not grow and be a better investor. One of the basic rule is that don't make decisions while you are in a when you're angry or frustrated. Better cool down so that you wouldn't make things that you will regret in the end.
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As what i can see to you, you are very new to bitcoin that you aren't even aware of what it is, things about it that you only know it because of hear says. That is the danger right there, investing on something you didn't know. You even want to loan which is risky yet you will do it just because of hear says? I mean, I believe in bitcoin and what it can do to people but if you are a person that will engage in it even though you are not knowledgeable, then it will just bring you to disaster. All investments, not just bitcoin, requires everyone to be knowledgeable about it.
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I agree on many points you have mentioned. I just wanted to remind those new and young traders. Surely there will be tough times where you will lose much money, but don't let that hold you back. Experience will be your sword here. Yes maybe the post have mentioned some techniques but we have our own techniques that works on us, and patience is needed for us to find that out.
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