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Bitcoin is a virtual currency, a leeway for digital transactions. It can be said that it is used as a money, but it really doesn't fa under the category of money.
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Bitcoin is a limited currency but it provides leeway for the global community that is using it. So it may be finite, but its usage has no end.
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For me, buying now is a good choice. Bitcoin rates is starting to rise again, and I don't think it would hit these low rates again in the near future.
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If you are planning to buy or invest in bitcoin, now is the best time. The price is at really low rate, and bitcoin proves time and time that it can survive these market breakdown. So eventually, it will go back to its high rates.
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No, i think it is the best time to invest in bitcoin because it is at its lowest rate so its a nice timing to buy BTC for as it goes back to its high rate, you will instantly earn revenue.
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If you bought it with this low rate of btc, you can just wait for it to bloom again. When it hit is peak rate, you will earn your profit.
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You should, in this low rate of btc, you will just lose all your investments of you sell them now. If you are patient enough, wait for it to hit its peak rate then that's the time you sell it so you can earn profit.
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Media has only little knowledge about bitcoin, the reason they are posting negativities about bitcoin is because of the people behind that controls the news. Bitcoin is a transparent currency system that violates the current global banking system, and with the fast-growing popularity of BTC, they are alarmed so they are using the media to shut it down.
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Bitcoin owners that sell in that low rate are those who are new as well and in panic mode because of the continuous drop of the rate of BTC. They fear that it will eventually reach zero so they are saving some of their investments.
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I think so, with the number of global community BTC owners vastly increasing, more and more doubters of bitcoin have been transformed into believers. Thus, making newbies less anxious in investing to bitcoin and adapt easily.
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It is a possibility, using the fast-growing technology bitcoin can be used in digital wallets through NFC technology in cards or mobile phones. It will provide quick and easy transactions for business purposes.
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Bitcoin could be back on track for some rises after the news come that Arizona state has passed a bill that would allow US tax may be paid using bitcoin. If it legalizes, it could get out of its slump its been going through the past months.
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If the bill passes through and get legalized, it could be the turning point for bitcoin and other crypto to get back on track after it fell to one of its lowest points. Kudos to Arizona senate.
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That's great, Arizona is definitely now the place for blockchain and digital currency. Now, you can have unlimited wallets. One for commerce, one for privacy. It is really a good development not just for Arizona, but the international economy. If the bill got signed, the law allows a 24-hour conversion, someone pays in crypto, the other side receives a comparable amount in USD. It will make life easier.
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