Definitely, because fiat is good also in terms of transactions that doesn't need some internet connection or an electricity why would you provide a digital currency if your transaction could be offline. Both fiat and digital currency have it's important aspect and they have there on characteristics.
They are both doing great and they are making our life more comfortable than before. Bitcoin takes a new role in our daily transactions as it could be used fast and easy, a lot of time we save by using this. But it is not enough to take over fiat because of having limitations in their uses. Because the only thing that runs this digital current is internet and if it is not present in that area, it could be impossible to make transactions. |
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Before you venture into any business you most be prepared to study every information about that business and also trying to develop your skills about the venture you want to embark. I am making a living online currently because I learn about forex trading since 2009 and transfer my knowledge to bitcoin and cryptocurrency this year. Your skill is your business future and I will also advise you to focus your mind on cryptocurrency business related.
Of course, having a huge knowledge on your business plan is vital thing you should must. Without this, you gonna make your business into falling. Getting involve in crypto business is totally different in running business outside, but still needs passion and dedication toward it. |
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Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon.
I don't believe that it will control our economy in the future. Bitcoin is just a currency and isn't give a huge impact to the economy. But I believe bitcoin can contribute something to us but doesn't big enough no take control our economy. |
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Bitcoin journey is still very long. Of course, bitcoin still strong to climb even higher. Present condition, only a momentary decrease no need to panic. Because we have to remember bitcoin is long enough to be at the bottom.
As it hit in the blockchain, more investors are coming. As it also increase the numbers of users that make bitcoin price goes up. And everyone are wanting this because it's a big money that they can earned from bitcoin. |
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Hi Guys,
Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?
Thanks in advance.
They say that many of the ICO are scam so I can consider that it is risky to invest our money to the ICO. I prefer to you that before you invest your money to the different ICO you must have a lot of knowledge. Even though it is risky but still a many are making investments with ICO. Actually it depend on person who are managing the project, because if they know that person is trusted probably they don't afraid of putting their money on ICO and making investment with that certain project. |
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This year, bitcoin really grows very fast, and I hope it will always happen every year. Well, the popularity of bitcoin suddenly increases rapidly, I think for the next year it will be easier. Expect a bigger surprise by 2018.
Exactly, we must have to look forward and think positive in the future. I know there still a lot of challenge that may occur in bitcoin world, but I believe that bitcoin could still face it and take the challenge.Still bitcoin would hit in the market and I know their is a twist and surprises in price before the year end. |
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I think bitcoin price can reach to 4000 dollar in end year
maybe not until end year bitcoin price is ready to 4000 dollar/bitcoin
It could be more than that amount if more users will come than investors. Since we struggling this kind of dump, many investors and bitcoin holders afraid of a big loss. But It could help to resolve this issue if more people are using bitcoin in their daily transactions rather that using fiat currency. |
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All china bullshit didnt' bring BTC below $3500, the scammer Chase CEO didn't also bring it down...
So are we back to normal?
It could be hard at this moment to rich $4500, since China have in struggling this issues towards crypto. But then, we won't be worried because once it become resolve a huge possibility that it will back to it's normal flow. Since China is contributing a large numbers of bitcoin, we expect a huge impact to us in bitcoin rate. |
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Actually government can do that, as we observed now more countries are making this legal and the time will come that government will take controlled with bitcoin. Once it is abuse by the authorities, a big possibilities that it could affect bitcoin investors and crypto changers relationships with the government and war begin, possibilities that will it make crypto world down.
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China has become the powerhouse for Bitcoin (and the whole cryptocurrency in general) as it is hosting many Bitcoin miners due to cheaper electricity and maybe also cheap labors. China also boasts of probably millions of Bitcoin owners and traders who are influencing the moves of the market on day to-day basis. As far as acceptance of Bitcoin in China, it is comfortably good until such time when the government decided that it is time to intervene.
In general, the Chinese government is not comfortable with Bitcoin as it indeed representing a different currency that they can not control with. since Bitcoin is decentralized it would be hard for the government to make interventions and so they are thinking that maybe it is time to ban it altogether. The government can not kill Bitcoin but what they are doing is actually closing the country as a market for Bitcoin.
So the question is: Can Bitcoin survive without China? In case, it can't then then there is something wrong with it since it is not resilient to ride the big storm it is in.
China is a big country with a lot of people. They hold 20% Bitcoin. If BTC is banned in China, then this will not affect the market. Only 15% to date BTC depressed. Do not panic we are sure crypto will not be unstoppable. I think it's more than 20% of bitcoin are in the hands of China. As we observed the sudden dump of bitcoin in the past days because of banning all cryptocurrency in China, it signifies that their country is a huge contributor of all cryptos. And probably they hold a large numbers of bitcoin compared to the countries, but still we won't afraid of that because there are more countries supporting bitcoin and it will rise again. |
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Since the price is determined by supply and demend, there is no limit. High demand and low supply cause the price to increase. buyers and sellers determine price as much as they want.
It matters only the demand in the market because we have a lot of miners, therefore we have enough supply in the market. But the problem that I observed is that, we have more investors than users. And this could affect the demand of bitcoin because only few numbers are using it in their regular transaction, but if bitcoin could be used in different areas then that could increase it's demand. |
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That's a good news, with more countries and brand stores accepting bitcoin as payment. One such has happened in South Africa at present. Previously one of the largest retailer of Russia started accepting bitcoin. Hope the same will continue providing more circulation of bitcoin and make it more popular.
It is totally a great information for everyone and investors to put there money into bitcoin for long term investment. As more countries coming on bitcoin world probably it could be a stepping stone towards its goal as become a new currency that is widely used by the people. Not for online only but it could be happen in local transactions in any establishment. |
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Bitcoin will not be ban at all even if it is ban in China. It is just ban with their place. Why are we going to be affected with it. It will still continue even without China but maybe bitcoin will not have a fast increasing amount.
We accept the reality that China have a power to control bitcoin supply in the market, and if it is totally banned in their country probably it could have a huge impact in prices in cryptocurrencies. We can't deny that a sudden drop of bitcoin price is because of this country. |
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we can make more money by investing the money we get from bitcoin in to other things like starting your own bar or company or restaurant that way we will have income form there and you will be the boss of that company.
We can't totally depend on bitcoin alone, still we find another ways just to earn money aside from bitcoin. Just like what you said,is a great ideas but you must have plan it well so it will succeed. In addition with that, is just to manage our self in spending more than the money that is coming in our wallet and if you controlled then you can save more. |
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Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!
Of course they are scared, bitcoin is their direct competition, especially now since it is getting so much popularity, banks are definitely getting scared of bitcoin now. Banks are losing client now due to bitcoin and losing clients is definitely not good for business It is a big loss to the banks. They can't sustain their company if there is no money coming inside, they totally dependent on the number of transactions be made daily. It is very scary if they just release their money without having a benefits on it. |
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Why ? are there any threatening issues?
No, there were only some propaganda issues by bankers and financial analysts that failed! Their dumb attacking attempts confirm the value and benefits of the crypto currencies. There are so many black propaganda against crypto world but still they can afford to face it and make them more stronger. Even though some altcoins are fail, but it isn't enough to crash cryptocurreny just for that issue. |
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ETH is something connected to bitcoin in terms of its prices because as we observed in few days past that bitcoin is goes down and ethereum also follow. But I can say that it is normal to them because they are dependent on the market demand.
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Bitcoin becomes my alternative to invest money that has been set aside from income. However from bitcoin, i earned a satisfying income even greater than salary had i received. So make me dare to invest more in bitcoin than to store in bank.
Absolutely, it is better to investment in bitcoin rather than putting your money in banks. Anyway, money in the banks still raning also but it is small amount compared to what you have earned from bitcoin. If you want to double your money in a fast way, then invest your money in bitcoin, but don't put all your money just for a single investment because it is risky. |
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If all your CPU has AES_NI, then you can mine Monero.
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Hello friends! Im new to mining and I have a AMD fury x card laying around. The question I wanted to ask is if fury x can be run with multiple r9 nanos? For example: 1 fury x + 5 r9 nanos.
Thanks for helping me if you know the right answer
Kinowa
They are compatible. |
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