Bitcoin price always rise to all time high after every price drop. This will take some time but I also think that bitcoin will reach $20k+ by the end of this year. I know many people lost their money by buying high so it will take time for them to come back again to invest in it.
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I think crypto currencies are more profitable than share market but if you're an expert in share market then I think it's better to invest in share market but crypto currencies can give you highest ROI but it's risky as well. One should invest only in which they are good.
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I think $1 Million for 1 Bitcoin is too much but anything can be possible when we are talking about bitcoin. Bitcoin is a digital currency and it's very early to predict it's price for long term because there are many altcoins and bitcoin might loose it's position but speculations can be made and I don't recommend anyone to believe in these.
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I think it can be done. I have seen many people in my country currently mining ETN and they are earning decent money but in future we can mine bitcoins and other altcoins with smartphones. We are currently living in a world where anything is possible. I think smartphones will take place of computer and laptop in future.
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Gambling and ponzi can ruin your life. If you can't stop gambling and ponzi then you will loose everything. I think you are lucky that you paid your debts but take it as life lesson and avoid it again in future. I suggest you to do productive work and since you're an engineer that wouldn't be very hard for you. Good luck mate
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I think yes we will see bitcoin price will reach 20k or more by the end of this year. This week bitcoin price increased so fast that some people were surprised about it and bitcoin price goes up very quickly that even bitcoin haters buy it to make profit of off bitcoins.
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Altcoin's growth is limited compared to bitcoins and I agree with you that once a altcoin stop relying on bitcoins then it will be independent and we may see growth of it like bitcoins.
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I live in non English speaking country and whenever I heard about currency crypto comes in to my mind and of course bitcoin. I think there are many people who now consider bitcoin as an currency whether it's approved by the government or not.
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I think bitcoin can be sold to anyone and anywhere around the world. I wouldn't choose bank for exchanging my bitcoins as there are plenty people are waiting to buy it and I think crypto is a revolution and it can change the world but we will see what will happen with it in few years.
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I think we will see altcoin will also start to rising very soon. There is nothing to panic about as it's normal for bitcoin and altcoin they both can't increase at the same time and it's a good sign for altcoins.
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Posting to confirm that I have received the payment for the week 3. Thank you Manager.
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I think it will reach again $20000 this year but $40000 is too much and in few year time bitcoin will be around $40000 if everything goes well. There are some countries that hasn't decided whether to accept it or ban it but once they start to accept we may see price will reach new ATH in no time.
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NEO is a good altcoin but putting half of your capital into in is a bad idea if you are not going to hold it for long term. I think bitcoin is good investment if you want to invest currently otherwise diversify your investment.
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There are many sites that accepts bitcoin as payment like amazon. You can pay someone for trade and their service with bitcoins. You can convert your bitcoins into cash. You can also use your bitcoins in some stores if your government allowed bitcoins in the country. There are many things you can do with bitcoins and it can be used by anyone and anywhere in the world without any verification or proofs.
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They can as they might lose their income of taxes and to fight against black money they will try to ban it as it can affect the economy and the growth of the country. Besides that there are also many good uses of blockchain technology and many countries have started blockchain research center to learn more about blockchain technology.
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It can affect the price and the users of bitcoins but you can still use the bitcoin you have in your wallet. There are many ways you can use bitcoins if government restrict access to it. In my country government banned many sites but I can still surf it without any issues.
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I have seen some people in my country accepts bitcoin as payment but most of these stores are very small and they have limited customers. I doubt people here in my country would even say they have bitcoins because government is raiding houses all the holder of bitcoins and make them pay taxes. It's good to create a community if your government regulated bitcoins and it will surely benefit not only bitcoins but the entire crypto currency.
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I have also bought bitcoin when the price was around $14k but I don't panic sell because I know that bitcoin always bounce back and reach new ATH and another reason is that I only investment with spare money I have so holding for longer terms doesn't affect me very much. I do cashout some part of it regardless of it's price for my personal expenses.
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No bitcoin is not banned in India but they are trying to make laws regarding bitcoins. There were some rumors that bitcoin is banned in India it all spread by the Indian news channels and the news papers but reality is RBI is keeping all the people aware that bitcoin is risky and any loss will not be their responsibility but people and media took it wrongly. Government set up a committee to whether regulate it or restrict it and now it will depend on the committee's report.
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I think there is no true value of bitcoin as it's completely different from real currency and Bitcoin is still in early stages so can't even say whatever it is overvalued or undervalued. Bitcoin price is depend on supply and demand.
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