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If bitcoin wallet password was lost, I think, you can't do anything, just move on, and learn from mistakes, To avoid this things may happen, Take time to write down or provide hard copy of your password and keep it on the safer place to avoid reoocurrence of same mistake.
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Bitcoin business is truly amazing, The best evidence of its success is bitcoin value, Look how far bitcoin goes, Started at 2009, with a very humble beginning and now, see the difference, Well it was truly a blessing for us based on its uses and profit we earned through investing. Wow:)
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It matters most on the user's. Most of the people now a days are crazy in dealing crypto's yearning to catch big fish, but the reality, Its not all the time, crypto's will make you rich because it is highly volatile and some are influence by bad news which causes them to decline smoothly. CRYPTO'S right now are making noise all around the world, and i see, it continouosly grow and grow, This is the new form of currrency in the future.
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I doubt, they are lack of knowledge about crypto's, Most of us are very careful of investment because there are many sprouting scams and ponzi schemes that pollutes the mind of people, but for me, bitcoins are not, They are decentralized peer to peer payment network that is powered by its users with no central authority, They should study more on how crypto's work, to be able to know crypto's are not scam, but a blessing for everybody:)
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In my own understanding, banks hate cryptocurrency because Instead people tend to deposit their money to banks as an asset, some people are making wiser move to invest in crypto's to multiply its money for just a short span of time, It is already proven and tested by majority but not all are successful, In terms of transactions, bitcoins is much faster to process rather than bank transaction, In just a click, transaction takes place rapidly.
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I am weak in terms of forecasting, I used to hold bitcoins before but at the end of my investment, I loss 20% of my capital, This is my biggest fear, for i know the upcoming output is positive, but at the end, it was a big loss. Therefore, I only knew crypto's are unpredictable.
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are you sure that this is the trend?
Its unpredictable my friend, It matter's on demand and supply of bitcoin, The fluctuation rely mostly on investors and user's who keep transacting just to earn more profit, Maybe he stating coincidence to the pumping of crypto's in the market, |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
Yes, It will possibly happen in the future, when it is completely re known globally, As of now, Let's grab the opportunity, and continuously share and spread the good news about bitcoins to our friends and relatives. |
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I guess, they are not foolish because bitcoin has a special value, In fact there are many people gained millions because of bitcoin, It is not a scam, Yet some of the countries are legalizing bitcoins, I'm looking forward bitcoin will increase its value in the future years, that's why I still believe bitcoin is smartest way to invest.
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This guy has lost 103 bitcoins he mined back in 2011 and then lost his wallet dat file similar to what I have done but wow this guy must be gutted the amount of money he has lost compared to me His Address 166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL Final Balance 103.20832384 BTC So many people have the same problem and I wonder just how much Bitcoin is stuck not being able to be used  He says "I used to mine Bitcoin back in 2011 and I lost my wallet.dat file (through several stupid moves on my part). It's got approx 103 BTC in it, anyone is welcome to it, I've given up trying." This is very huge amount in the present days, So sorry to this guy, I know 2011 bitcoin value is not much expensive compared this days, He must move on because he can do nothing with his lost wallet, |
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It is important to closely research on team members of ICO, Their background and platform of the project must be interesting to the eyes of investor's, because i do believe, The more investors dig on it, the higher profit you earned after the end of ICO,
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Yes you can, In my part I earned 250$ for three months through joining signature campaigns, and if you have skill at the same time, I knew you could earn better than 100$ a month,
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Disaster to my part when all my earnings are hacked in an instant, This is big threat for the beginners like me, I can't do anything instead i have to move on and start another track, This is a big lesson to my part and looking forward that it won't happen again.
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Strictly monitor the movement of your crypto asset, You should set a standard where and when to buy and sell, because the volatility of crypto coins are unpredictable, This is where most of investors are always looking straight to their asset to earn good profit and minimize losses.
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Bitcoins are like assets, There's a time bitcoin fluctuates much, As historical view, bitcoins started from a humble beginnings and now the value are seriously moving up, and this is good indication that it is smart way to invest due expensive value as the time goes by,
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Well, If nations united, possibly a single currency will be implemented, and I'm pretty sure every think works convenient and efficient especially in terms of ID system, trading, economic issues, travelling, all things goes well. But i think as of now, its hard to happen due to some Ego's and economical status of each nation,
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Yes, As noticed, Many people are trying hard to learn more about crypto's, and this is the good sign of success because the demand grows and were looking forward that the value of crypto's especially bitcoin will rise significantly, This is the best time to invest, Let's Go to the moon:)
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I believe that a huge portion of the the crypto community are still young college students that don't have any necessities that need another source of income aside from their scholarships / the money they are getting from their parents .
And apart from spending their cryptos on either betting or purchasing goods/video games from online markets , many of these students didn't make plans for what they'll do with their coins in the future.
I myself have had many thoughts about hodling and launching a business as soon as i graduate with the coins in my possession , yet i'm not exactly sure what i'll be doing ..
So i'm really curious about :
- On what do you spend your coins apart than partying/gambling/paying for tuition loans ?
- Do you have any future plans for your coins if you are hodling any ?
Crypto investment is a good idea especially for college students, This is very important to us at least by future comes, who knows, the coins your holding are smoothly soaring up and gain huge amount, Its a brighter chance for us at least we have a good amount for investment, or assistance in times of problems. |
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No one knows but eventually its all about the supply versus the demand, If the demand is low and the value is high then surely the value will also drops, but when the demand is high and the supply is low then the value pumps up.
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Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.
Well bitcoin is worth welcome to discuss because they gave so many benefits in real world, It enables us to process transactions smoothly and give us job opportunity especially to those who are un empoyed and assist us in all our needs. |
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