Guys we are very much aware how the crypto community through this great forum has helped most of us in terms of our finances but is so heartbreaking that the most of the public views only describes how insecure and unsafe the crypto community is. I do understand that cryptocurrencies are volatile and the issue of anonymity sometimes scares people away but y'all bear with me that if crypto is explained to you and you really understand it properly you would not make wrong mistakes and get swayed away by panic sales or submit your private key as ethereum wallet address. Is it a public campaign or some other form of tutorial that we should organize to help explain crypto to the world because believe it or not the blockchain technology of cryptocurrencies is being admired by most organizations and some of them have decided to run their operations with the use of blockchain technology. What can we do as a community to help change the public view of Crypto?
to change the public view of the cryptocurrency must be with the acceptance of cryptocurrency thoroughly all countries and of course the world's cryptocurrency recognized as the applicable currency of course on the condition that it may easily change the views of bad people into a positive and good view of course |
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I seen lots of people are panic and selling and spreading FUD . But based on my experience people who really dare to take risk only won here .
Wise and daring investors are still searching for good potential coins to invest while its really cheap were greedy people are panic and spreading FUD
Finally people who dare to invest bitcoin even when the price of 100$ they created fortune here . Its completely daring and vision not at aall luck . SO if you are having real vision and want to make milestone in life then be here in crypto and support other wise please quit .
I think before we start to become bitcoin investors of course we all must understand and understand with all the risks that we will get in investing so we can be more confident and not easily affected by all bad news that happened with what we invest |
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Bitcoin is well known for its safety. The biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins. These are above all the various crypto exchanges on which the users have created accounts or the bitcoins stored locally in wallets.
Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.
Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.
An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often:
- insufficiently secured user accounts due to weak passwords
- Login on a phishing site
- send the private keys to a scammer
If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.
But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen.
The high demand and high competition between exchanges has also contributed to the improvement of safety standards.
How make you sure to safe your Bitcoins?
basically what you convey in your opinion already represents how to secure a bitcoin account for now I am doing a routine password change every month and not open a site I know |
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How sweet could it be?
I really want the professionals to shed more light on this if it could be actualized and how easier could it be and what implication can it have on bitcoin
will certainly be more practical fast and efficient for the transaction if all countries receive bitcoin well would certainly be done in all airports throughout the country |
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Am delighted coming across various news and online posters about how higher institutions in different countries of the world now talk about bitcoin and cryptocurrency. They as far as organising symposium, seminars and conferences on cryptocurrency related topics.
This development is a sign that awareness is now been circulated to the younger generation and to me is a good omen and a welcome development towards the establishing a firm standing of cryptocurrency to the world.
should indeed be so because crypto currency will continue to grow in line with the development of the times and the most important technology for the current crypto currency can be accepted and inaugurated all countries and officially should the prevailing currency |
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Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
many countries that have not formalized bitcoin as the currency that applies the issue of legality and security may be what makes people afraid to invest with bitcoin |
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Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.
for the moment my country has not existed, because the government in my country has not inaugurated or ratcheted the bitcoin as the prevailing currency so what may be in my country there is insurance against the unrecognized currency of the government |
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I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
it is a bit difficult to convince people with an investment with bitcoin it is profitable for me to prove it to convince the person, try to invest little by little with your money as capital |
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We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
is it possible that if my country's government still prohibits bitcoin to make transactions directly because bitcoin has not been inaugurated as the currency that applies in my country |
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Bitcoin prices have rebounded to over $ 7400 today with large volume trading. Normally, bitcoin prices will increase sharply at the end of the year and this year will be no exception, a lot of good news has been released and the movement of the market is very positive. If nothing changes I believe the bitcoin price at the end of this year will continue to peak as many people expect.
maybe it's the hope of investors who have confidence and trust in bitcoin and their investment may be bitcoin future will become successful and bitcoin investors increasingly interested to invest |
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Legendary investor Tim Draper is confident that in five years all will use crypto currency. According to Draper, the technological shift that we can observe now will be more significant than the transition from the Stone Age to the Bronze Age. Answering the question about how he sees the current situation in comparison with the period when he invested in the technologies of web 1.0 and 2.0, he replied that web technologies and transformed the concept of information, while blocking has the potential to transform almost all industries, including government services.
I think bitcoin in the next five years will flourish and of course that's the hope of investors even though no one can and is able to know with certainty the real situation, for now it is for me to take advantage of the opportunities that exist while still able |
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For some weeks now I don't hear people say bitcoin is dead any longer. I don't understand why this has stopped all of a sudden. Where are those who announced the death of our mother coin? Don't you think it is time for these same people to announce the resurrection of bitcoin  . That is the power of bitcoin, it always keeps it doubter's mute. we often listen and read the news that bitcoin will die and end but until now bitcoin is still the highest value coin for me the best will get obstacles and very big obstacles to achieve success |
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To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:
There is NO good, easy, risk free money, that is available for everyone.
If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.
in fact it all depends on the investor or the holder of the money because before starting everything of course must understand with all the risks that we will get in the investment |
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Safety can not come to the bitcoin investor. Nothing and absolutely safe. Everything has its own risk, its danger. No one knows what tomorrow will be like. Only know that if we do nothing then there is no danger nor money
riskrisk
before we start investing with bitcoin I think we should understand all the risks we will face in the future one of them as what you convey, security issues and price issues that can not be known with certainty in the future |
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Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
as well as the fiat currency we deposit in the bank after the specified time period we will benefit from the deposit whether it is also not an asset in the real currency, for me the same system but different shapes, the possibility of future deposits also use crypto currency |
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A couple days ago I posted here because of a transaction stuck in the void for which I paid 30 dollars fee.
Now, one hour ago, I sent a transaction with a 130 dollars fee.
ONE HOUR, STILL ZERO TRANSACTIONS, 130 DOLLARS FEE.
I'm sorry to write this, but Bitcoin is DEAD.
I've been a defender of it up until now, but we've gone too far.
Who the hell is going to buy Bitcoin when the word will spread?
When people will try to get their Bitcoins from the exchanges, they'll meet this reality, and Bitcoin will be dead in DAYS, after the word will begin spreading.
Just please don't go on BCH, let's try to move onto better technologies like Byteball.
BTW can anyone tell me what should I pay to move my Bitcoins now?
I have now 4 Bitcoins stuck in the void.
for me in investing with crypto space that it takes belief and confidence, both currency and any coins that we have remain calm if there is any news or bad possibility that will happen |
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How many idiots who decided to invest in bitcoin!!!!!!!
It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....
In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.
This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.
So began a process of growth needs the infusion of more money.... They're gone.
I think the joy of endless growth to an end this weekend.
Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....
why do you think so maybe many investors who still believe in and believe that bitcoin investment is profitable until now bitcoin transaction movement is still happening |
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This time last year, bitcoin was still around $1000+ and nobody could think or imagined bitcoin is going to rise from 1000$+ to like $18000+. There was a huge market rise of it when closing July, August up till December
it is so that the bitcoin and other crypto currencies for now no one can know for sure the price or that will happen in the future |
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10 to 12 times profit is 14 years is OK. Then it stops as per normal trading in financial markets. Now stock markets will most likely see -30% fall.
$400 to $7000 in 4 years for bitcoin is 20 times profit. This could be the reason Bitcoin starts falling from $6,700.
When will you sell Bitcoins ??
in general surely when prices rise and we get a profit, but seeing with prices so downhill I think it's better to hold back patiently for a profit even with a slight profit |
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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?
before we start investing with bitcoin we already know that the risks we get in that investment are big enough and the most important capital confidence and patience to invest with bitcoin |
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