Recently many people who bought bitcoin years ago find themselves sitting on an untouchable bounty. Those lucky guys who purchased or mined just a few bitcoins at the start of the age of cryptocurrency nowadays can boast about their savings. However, some of them are now in a painful limbo，because they can't remember the complex security passwords needed to get to their bitcoin wallet. Unlike a bank, bitcoin has no central hotline to call for a reset. This is really a bad thing，it's like forgetting a bank account password, but there's no bank to call to reset it. That money is lost forever. That might be a lot of money at today’s exchange rate. Actyally, this bad thing happened to me last year, and my friend recommend this website： http://recovermybtc.com/ to me，she said she has retrieved her bitcoin wallet password through it，and I download this software，it really works after I used it，and you need to pay some service fee to them, but it's not high.Somebody who lost their bitcoin password can make a try, good luck. I don't think it's good idea visiting a site that looks suspicious will only add to the problem i will not recommeded people to using that service. However if we losing the wallet password without can recover it actually it's really difficult to break it i think should let it go. |
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Commonly felt by people when looking at the value of btc gradually fall down is panic it is human nature i think. Do panic selling without thinking the value can be recover soon. Just believe in bitcoin i think there are still many people who hold bitcoin for future selling.
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The best thing is legalizing of bitcoin in a country it will also make bitcoin more known widely and used properly. The potential for bitcoin to grow is high especially since this currency is the first in the world.
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This is a very interesting piece. Things are going digital faster than we can imagine, the cash system has lots of weaknesses so at a point in human development i am confident it would become extinct first from the developed countries and later to the much less developed, but certainly this may take decades to happen if not centuries.
There is no digital currency will currently be used in the future and bitcoin is still not acceptable for future use. Bitcoin is still a world-wide conversation many of the world's countries do not accept bitcoin because it has many dissavantages. And also I think Cash will be hard to replace because it has long been our part. Need a long adaptation again if cash is not used anymore let alone people still many who do not understand how to use a gadget and internet. |
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I'm also calm with seeing the current price that most coins are falling. It's just that many issues that affect the value of this crypto that makes me a little anxious. But hope it will be okay later just wait that time happens Bitcoin back soaring.
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I'm owning bitcoin I do not feel committing a crime as long as people who have bitcoins do not engage in suspicious activities such as illegally selling weapons by using cryptocurrency into their transactions. Those who use the cryptocurrency bitcoin to be their payments for various criminal actions are certainly wrong and have committed a crime.
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As long as you use Exchange that can be trusted or that has a high popularity you can just keep your money there. But if want to be more secure I suggest to use a private wallet just to anticipate something bad thing happened to your money.
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Probably the last few months we're looking at prices that are down not only bitcoin but some altcoins as well. But I do not think this year is a bad year for cryptocurrency I'm sure this year or the next years would be better just a matter of time.
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I think that panic can come suddenly in crypto trading can not be controlled so when selling it could only surrender if not things will get worse. Panic can happen to anyone if in a difficult situation to make a decision whether to sell or keep a holding only depends on the person. In fact I've experienced it several times when the coins that I hold it keep fall hard to rise.
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It comes with its own actually I did not mean to join crypto but after getting a little advantage I am more excited to know more about cryptocurrency and make money from multiple campaigns here. I think I am a lucky person who has known cryptocurrency among the family and friends.
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The person who holding must have the patience to sell his assets at a good price. That people will not complain how long they will hold as long as the assets they hold can still go up why not. Just trust in yourself and hope you do not have to hold more longer.
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That online stores are mostly located outside the country where I live. It is good but for me it is difficult because buying goods from abroad have to go through customs not to yet have to pay the cost. So I just convert my Bitcoin to real money and buy things.
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Indeed bitcoin can affect unemployment in a country but not to eliminate unemployment. It just can reduce unemployment earning money from bitcoin can be searched in various ways whether it's for free or with capital, everyone can work as long as they know how to operate the internet.
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Criminals have been around all along, only a bitcoin is used as their transaction. Bitcoin does not cause criminal activity to continue to increase It's just that bitcoin can make it easier for them to transact without having to meet.
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Actually mine bitcoin is much better but to do that there are some things that need to be prepared and it is very expensive not to mention the costs to be incurred. If want more easy to have bitcoin is by buying it average they buy bitcoin to double it by way of trading or the like. For me buying is the best solution to have bitcoin no need to prepare some things to have a bitcoin.
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What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?
Whatever your current profession or condition will not hinder you to invest in crypto as long as you want to do that. Age need not be considered to start investing in crypto the important thing is you still understand also connected internet and have money you can to start and ready to bear the risk. |
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If you like long term investment better choose investing into real estate. Because every year real estate is likely to increase. Unlike bitcoin, the price is difficult to know, it could be that every week it rises or goes down very drastically it seems very risky.
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The trust of people on bitcoin could be the cause of this currency could have been paralyzed die, things that could have lost that trust were the bitcoin of legality, the polemic that happened about its existence, the lacks of regulation and was no longer worth it.
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Maybe in some countries can not buy bitcoin caused by no market that receives local currency to buy bitcoin. So people who only use local money will difficult to find it the right market to visit especially if there are countries that banning bitcoin it will be a bit more difficult. Actually there are several alternatives to buy bitcoin that is make paypal account or something and look for seller or market that offer paypal usage to buy bitcoin.
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I like airdrop and I have participated in some airdrop besides its free profit earned can exceed expectations. But be more careful because a lot of airdrop is just collecting personal data of others who can use for things like crime.
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