Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
Inflation in every country's currency is because of the government created too much money and monopolizes it too, the currency inflation of each country has nothing to do with bitcoin. |
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This can be good news for bitcoin because there are countries that legalize bitcoin and this could be the hope of developing bitcoin which will be recognized by some more countries.
Maybe for the bitcoin/crypto community in Asia would be very happy to see the news because Thailand has legalized bitcoin.
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Bitcoin isn’t bubble, bitcoin has the best technology and able to rise from any threats that can reduce its price. Bitcoin will never die even if the price drops and even very difficult to drop the bitcoin until its price reaches zero.
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Such decision will make a person regret in trading if being too greedy. But it’s natural because everyone have a greedy personality that cannot be hold back because of the desire to get big profits especially when the price trend is very high.
But being greedy or not it depends on the personality of each person, if a person can control the emotional/desire and have a good mind/mental then I don’t think that person will be very greedy.
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Bitcoin won’t die even should the price become low, bitcoin will still bounce back and it's hard to die. Bitcoin is very strong and will continue to rise while the price is low. The bitcoin is a digital currency for the future and won’t die.
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I think this is not related with Facebook Company. Facebook companies get results from millions of people who use it.
So far bitcoin has risen up for 2 years so it's only natural if the price is currently down and we don’t have to worry about the price, it will recover and take a little time.
So I think it has no relation with the Facebook Company.
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Bitcoin is a currency. Because there are already many traders who accept bitcoin for payment.
Bitcoin is an investment and a currency that many people already acknowledged it. Bitcoin frees us to use it and there is no forbid, to make it as an investment or "asset" but for now many people use bitcoin as a long-term investment.
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- It is banned in some countries
Not all countries in the world prohibit bitcoin, bitcoin is banned in some countries but there are many countries accept and permit bitcoin. It doesn’t really matter of ban in every country because it’s a decentralized currency and that's not a problem for bitcoin. |
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Maybe in 2016 the price decrease wasn’t as bad as now that slowly decreasing and reaching $ 5,800 and today the price goes back to $ 6,000. Now it's a bit better because its price has recovered unlike a few days ago that decreased slowly.
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Who is Jack Ma? He is an entrepreneur, a merchant, he trades and he is smart but unfortunately he is not a financial or an investment expert so the statement he gave should not have any meaningful value as Bill Gates commented on the strategy of the United States war in the Middle East, no relevance.
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What about those wealthy investors, people willing to open mining farms, people who are starting exchanges, building ATMs. Are they also cowards? Let's not generalize, if we were all cowards the market wouldn't go anywhere and we'd be stuck on 10$ per coin. I've invested years ago, back when BTC was worth $600 and I'm still holding. Sure, I'm dreaming of $50k BTC, but if that doesn't happen I'll still be happy. Would I invest more? Sure, but I'm not willing to take a loan to be afford to buy more coins.
He said most, and the big players dare to take risks and their numbers is not big so no wonder if the title is like that, we are facing with the risk but it can be minimalized with good money management. Fear and caution are very natural thing and can also balance our desires and careless attitudes. Who dares to take risks with the right steps and careful observation will be successful. |
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We can not change the past nor can we know for sure what we should do now is to invest as well as help bitcoin get the trust and love of many if As for the future there will be other coin better bitcoin is also good
What you say is true but the one discussed here is the possibility of Bitcoin being replaced by altcoin instead of discussing Bitcoin's past. If this bearish trend keeps going this will weaken another coins, the big one will remain standing while the shitcoins will collapse. |
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Hello community. The market is in a bearish trend for several months. One says that "sharks" create panic with the help of news, forcing small holders of bitcoins to sell themselves to buy cheap, others say that at the end of 2018 bitcoin will soar like a rocket. Many people write and speak on this topic. How do you think how long the bear market will last? Share your opinions.
The bearish trend of market will end possible this mid of July 2018. If you remember last year the value of market bearish ends late of July 2017 and the price start recover at August. Possible this year 2018 the price start recover this coming August or hopefully this mid of July. If the pattern created every year is the same, it would be very easy to invest in Bitcoin and it can make Bitcoin’s volatility more dangerous than before, imagine if the market already knows when the price will rise and they swarming to buy it then suddenly the price fell very far because people already know when prices will fall. |
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Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?
People not getting bored with the bitcoin investments the smart people just came here to make money in short term and cashing out when their desired level reach is the problem so it will affect the long term holder's mind that the price will increase or not.The other reason for the price fall in this year is lot of exchange hacks and many governments regulations keep scaring the invest on bitcoin free.BUt we can't say they moved to the alternative coin because all the coins prices also keep falling so bitcoin is still in the upper hand. No, that’s not the bored he meant. The market is bound to get saturated, it’s shows a very stable price movement, this is unwanted by investors because they are confused to take action. This saturation or sideways created because of both the selling power and purchasing power are equivalent, or in other words there is no bullish or bearish trend. |
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From my perspective i think this news was fake. Because personally i play various games but i don’t seen anything like this. I only fulfill their requirement.
Yeah you are absolutely right, but it will be another story when they release a token. The token’s price can increase if the game is famous as well, especially if no token is produced after the release. It’s already implemented by hash rush, that’s the only game that I know applying this system and other games might follow. |
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Either Bitcoin will be replaced or survive but Bitcoin will definitely have its loyal users, for now there is really no reason for users to leave Bitcoin, so in the near future Bitcoin will still lead the crypto market. Talking about the total market cap, Bitcoin is who topped the position, to beat it seems easy but will the market do it? This is our homework and especially developers to keep it in the market cap remains the number 1.
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I think this is not a bad price for now and I can say the price of bitcoin is still very expensive and still above of $5k. If you expect bitcoin’s price to go up then everyone is same. Now bitcoin is dragging down altcoins along because all altcoins depend on bitcoin if bitcoin fall then all altcoins will no longer have price and support.
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I agree with what OP said, originally bitcoin was created to be a digital money online. But many of the bitcoin holders are investing because of the unstable price so it can double the profits.
Perhaps the state government (South Korea) makes bitcoin as an asset so it’s more valuable and easier to trade, maybe that’s what’s in mind of the state government (South Korea)
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