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Ethereum is one of the good alternative cryptocurrency. Ethereum may also be legalized like bitcoin because there are lot of campaigns and the payment is received through ethereum wallet. The price of ethereum may also reach 5k USD in the following years and because of these, bitcoin vs ethereum has a healthy competition. There are lots of AltCoins but these two are the outliers because they are very unique. We can both invest in these cryptocurrency and still have profit in the end.
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Bitcoin is one of the currency in the internet. In the real world, corruption happens when there is abuse in power. Corruption is when we keep abusing what doesn't need to be abused. In some countries they say politicians are corrupt due to the hording of money and that is bad. If we abuse bitcoin, i guess it will lead to corruption. Abusing bitcoin is really bad because bitcoin has good effects on unemployed persons. Bitcoin is really helpful to those who are in need. We need to teach them on how to use bitcoin in a good way without abusing it.
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There are a variety of ways in earning bitcoin. Some post online services and receives payment via bitcoin. Buying bitcoin is also a way to earn bitcoin. Buy and selling bitcoin is a good way of earning bitcoin. Campaigns take a lot of time before earning bitcoin but these campaigns give a lot of rewards so it is still worth it. Bitcoin mining and faucet is a slow way of earning bitcoin. But if you mining it from the start, i guess you could reach a fair value by now. Gambling bitcoin is very risky because there is already a risk of losing what you are betting.
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Time is an illusion. Bitcoin can be bought anytime. We can always buy it if the price is high or low. But i suggest to buy it in a very low price because after it fluctuates for some time, the price may surpass the original price before it went down. Purchasing bitcoin is a good idea because you can invest it in many ways. You can watch how the prices fluctuates and from this you can learn on when to buy and not to buy.
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Bitcoin after 100 years. That is a very broad topic. If we talk about bitcoin now with normal people, they don't even know what bitcoin is. They also do not know what it's capabilities and what are the advantages and disadvantages of bitcoin. I think legalizing bitcoin will make it survive for a very long time. Legalizing the whole cryptocurrency system is risky. We should only pick the good cryptocurrency to avoid mistakes. Bitcoin will be famous in the following years due to the number of users that gives them a lot of benefits. Before we talk about the future of bitcoin, we need to make sure that it will be still useful for the following years and talk about the pros and cons of using it.
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Yes, i also have this in mind that if they can access the internet they can do a job that can be found on the bitcoin forum. Finding a job is a hard task to do. You need to make sure your credentials and papers are ready. Interviews are scary but it will be worth it if you pass everything and got a job. Bitcoin is free for all, there are jobs online and bitcoin is how you receive payment for the job you did. A lot of unemployed persons are already in pain if they are not accepted in the field they want. But they must always stay positive and think that there are lot of ways to earn money.
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A bank for bitcoin is a good idea. But before making a bank for cryptocurrency, we need to make sure that people around this bank know what bitcoin is. Bitcoin is still not famous enough to be known through out the world. Yes, they have lots of advertisement but people only treat these as normal advertisements and does not care about these. There are still a lot of people that do not know cryptocurrency but still, they use the internet and cryptocurrency is the currency that is used in the internet. We need to teach the people using internet that there is currency that is used in the internet and one of these currency is called bitcoin. If we do this in a slow process and let them learn about bitcoin. Opening a bitcoin bank wont be a problem.
So Yes, I Agree with the idea but now is not the time to open a Bitcoin bank.
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Bitcoin is one of the currency in the internet. Cryptocurrency is a big thing now, it can be seen in most of the advertisements online. If you are a normal person who does not read about this advertisements, you will just ignore it like everybody else. But since you are on bitcoin, when you see a advertisement about bitcoin, you know what it is about and you care about it.
Some government bans bitcoin because they do not know what bitcoin is. They are treating bitcoin as a threat but in reality it is not. They should be knowledgeable about something before banning it. They might also be scared that cryptocurrency might overthrow the real currency and also overpowering them as politicians.
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Bitcoin is very far from gambling. Gambling is betting on something to get a value which is high and there is a risk of losing everything that you have betted. There are many types of betting, you can bet if a price will go high or low. From this you are risking something.
In bitcoin, you are only investing your time. But some websites let you gamble your bitcoin. These now depends on the person using the bitcoin. There are no risk earning bitcoins and this is the reason that bitcoin is far from gambling.
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Joined the airdrop. Goodluck~
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Bitcoin can be destroyed in a lot of ways if people who are using it thinks hard enough. If they knew how to control bitcoin in a bad way, then the price of bitcoin would go down. Fortunately not all of the bad persons in this world has knowledge in cryptocurrency which is good because bitcoin is still controlled and there are no reports of bitcoin being hacked.
I think bitcoin would be destroyed if they abuse it. The major stockholders would think that having bitcoin is not as good as they thought if the bad persons will use it in a abusive manner.
Maybe if they totally ban the internet. Bitcoin would also die because bitcoin is one of the cryptocurrency that has a very high price and if internet is gone. Then bitcoin would also be useless.
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The price of bitcoin is still very high. But it still possible that altcoins can surpass the price of bitcoin. The price of bitcoin is still fluctuating and this is a sign that it is alive and a lot of users still demand for it. Altcoins today are still being horde because the prices of these altcoins are also fluctuating. One good altcoin is Ethereum, yes the price is still fluctuating due to its demand but i still think bitcoin will also have a higher value if the price is still rising. I would like to invest in those altcoins if they surpass bitcoin.
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Guns are really a way to end one's life. They are made to kill and you are correct about that. Guns have been a part of a country's economy. They also thought that having more gun's is a way of securing one country. Gun bans is one law that you can control guns with. They can correct everybody that is not following this law. Specially in holiday seasons, they implement these kinds of law to lessen the number of people that is killed or threatened by guns.
I also think that, we must stop making guns. Not everything can be resolve by peace talks and contracts but im still sure that there is another way of communicating with each other without harming one side.
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There are lots of usable wallets that can handle a lot of cryptocurrency. One of the largest wallets i saw is Bittrex. These wallets needs to be trusted and needs to be very secure. They can lose all of their users in a moment if there is a report that the wallet has been hacked. I also use CoinPot which is a small wallet for three coins. (Litecoin, DogeCoin and Bitcoin).
In the Philippines, the most trusted wallet is coins.ph. You can convert the Peso into bitcoin but you cannot get the exact same price if you want to redeem it.
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Bitcoin can be really useful if you can transform it into something else. I plan to use bitcoin as a source extra income. I plan to use it to as a partial fulfillment of requirements in school like projects and most of all prototyping. Prototypes are very expensive to built so i plan to invest in bitcoin first so in the future i can use this money to pay for the projects. I also plan to use bitcoin as payment for my tuition fees and this alone can take a lot of burden to my family. Bitcoin will helpful because of the variety of ways on how to get it. Earning bitcoin will take a lot of time but it is easy once you know how to get it.
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At first, i took my time to read about the rules and regulations of posting in the bitcoin forum. Yes it took a lot of time but i guess it is worth it. I learned about cryptocurrency fast and still in the process of adding knowledge about it. At first, i thought that bitcoin is easy to earn but when i already interacted with it. It will take a lot of time before i earn my first Bitcoin. Working for it will be hard but i guess it will be worth it. I also learned about AltCoins which are counterparts of bitcoin. There are a lot of AltCoins that can substitute to bitcoin but i guess bitcoin is still the one that we use because it is trusted and there are still no reports that it can be hacked.
I also got a chance to be a part of a campaign when i started bitcoin when i was in the Beginners section.
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Investing in bitcoin will be a great investment. The fluctuation of the price is a good sign that it will not die any time soon. You can also check for the timing when you want to withdraw the investment. Investing in cryptocurrency will be very profitable and that is what everybody wants. I think that the price of bitcoin by the end of this year will be 5k USD and still go higher in the future. Investing in bitcoin is also better than investing in some banks because you are not sure if that bank will go bankrupt. So i guess you need to make sure that the bank will be successful in the future before making an investment.
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Bitcoin is both a currency and an asset. If youre talking about asset, i guess bitcoin is really one of them. You can transform bitcoin into cash which is very good because you got bitcoin through the internet. Cryptocurrency is becoming a tread which is good because it is very revolutionary and one of the key in advancement of technology. There are no reports of cryptocurrency being hacked and that means that the security of these types of currency is very good. Unlike in banks, we got reports that banks got hacked and the money is transferred to an untraceable account which is very alarming to those owning bank accounts.
Bitcoin can be a capital in times of need. You can use it to start a business and all you did to have bitcoin is investing your time to gain it.
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