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The reason why some countries ban bitcoin is because its difficult to track the transactions in bitcoin.It can be used in illegal transactions. Also they cannot put TAX in it.
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I would not sacrifice my hiuse just to invest in bitcoin. Your house already provides you security and I also do bitcoin so that someday I will can buy a house. I think that you should just keep doin bitcoin then just reinvest the earning that you aquire from it. Make it grow as much as possible
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Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?
why does evwryone are afraid of bitcoin being legal on countries? I think that it is a good new and not a bad news. With bitcoin being legal more people will trust it and invest in it. Plus you can also contribute to the government.Lets just look on the positive side of bitcoin becoming legal and not on its bad side. Because making it legal is a long term plan and it will benefit bitcoin in the long run! |
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according to some marketing strategy thats what you gonna do! buy when the market is red. but I think that it is not what it is. I think what you should know is when will the price will bounce back to the top again. Look into smaller details. Nit because it is red means you ahould buy it!
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Yes!! when you say digital money, that means cashless! you can transfer if anywhere and you can use it without even toughing it. And bitcoin has that capabilities! In the future bitcoin can become the digital currency of the future and many people will use it to buy stuff. All that is needs is for it to be more stable.
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Yes I think so. Social media is a great platform to showcase bitcoin in many people. But also let us remember that social media can also be used as a platform to give bad impressions about bitcoin. What I think is that lets get involve as much as possible to explain to people in social media the advantages that bitcoin can bring in the future. In that way its reputation will be good and many people will be engaged in it.
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So I've been watching the market for a while and keenly watching for about 4 months, what is driving this massive price spike in your opinion? Are you expecting the price to drop dramatically soon? Then another rise? Or are you expecting it to continue this sharp rise for the next month or two? I'm interested also in BCH too, same questions  basically what's making the spike in bitcoin price is the investors, depending on how much they invest. The basic law of ECONOMICS explains it all. Bitcoin is limited in supply and many people are investing in it that results in an increase on its price. |
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As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?
No one knows what will happen in bitcoin in the future. Its up to you if you will invest in it or not. It will be a big gamble, it can give you a great luck or a big disappointment. But for me, I always withdraw my earnings on bitcoin and invest it in other things such as business that can generate a stable income. I might be afraid to take gamble and may become disappointed in the future. All I just know is I make money through it and I will just enjoy the benefit that it gave me today. |
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bitcoin is important I think because it is the future of monetary system. Bitcoin allows everyone to experience what they couldn't in the normal money, such as transferring money faster, secure transaction and much easier to use. In the future if bitcoin become stable. I think that it might become a real currency that we could use anytime.
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Recently, Georgia is trying to pass a bill allowing payment of taxes in Bitcoin. Bill GA-SB464 ?requires the state revenue commissioner to accept cryptocurrencies for payment of taxes and license fees.? This allows for people in Georgia to pay their taxes and license fees in cryptocurrencies. For more info on Georgia's stance, see https://stopthefud.wordpress.com/2018/02/24/georgia-bitcoin-taxes/But do you think paying your taxes in Bitcoin will be a good thing for Bitcoin? Or is it another way the government is trying to take our Bitcoin? personaly speaking, I would not pay my taxes in bitcoin. the transactiin fees that we pay ate already to big, and paying taxes will make the cut much bigger. But it is a good thing that in the US they will start accepting bitcoin as payment. With that more people will be more curious about bitcoin and they will ve involve in it. |
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yes I think it os the future of monetary system, with its concept on how to make transactions. Also it is much easier and I think safer that fiat money. I think the only thing that it preventing bitcoin to become like the normal money is its volatility and legality. No country can use a money that is to volatile also a country must make a law considering bitcoin as a legal currency for it to be use in our every day life. |
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before this idea of yours become a reality there are many process that needs to be done. I think your first concern should be bitcoin being legal, because it cannot be tought to children if it has no category, after making bitcoin legal a suggestion or rule must be made so that bitcoin will be included in the curriculum of the student. But if this actually happen then I will be happy, with the knowledge of trading many people can benifit from cryptocurrency.
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Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
Yes bitcoin is secure. It is equipped with super complicated algorithms that is very difficult or might even impossible to be hacked. I think that the only way a hacker can hack bitcoin is because of our own carelessness. The only thing that can decrypt your wallet is your private key. So I suggest that you should be care full about it . |
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The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .
I do agree with your statement, due to many fake news and false statements, many of the investors dump there coins to cut losses. But as you can see bitcoin is still holding on! its price is still going up to $10000, and if you see the market many are still buying it. I think soon bitcoin will be able to recover and once again dominate the world of monetary system. |
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#JOIN
Bitcointalk username: godrey123
Forum rank: member
Posts count: 131
ETH address: 0xf9dC0d4BCaA548332D7D18041C89a13D5ec799ec
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What do you expect - will cryptomarket be bullish in March?
I guess that this bearish trend since mid January should be finally over and the new slow bullish trend will come. Similar to the situation in May 2017 when BTC price was 1500 USD and then the price went slowly up to 7000 USD in the beginning of November. We can see many new people coming to crypto every day. The volumes on major exchanges are quite good these days and with the Lightning Network coming this year I'm very positive about BTC development in 2018.
I am also positive on what bitcoin can bring to 2018, similar trend just might happen. its current price is about $10000 right now! hopefully its price will become much higher that what it reached on 2017. |
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yes I know it very well, I am from the phillipines and now we can pay for our bills including the government payments using our cryptocurrency. I think that these is a good development for use wholeave here in the philipines. With that money filipinos arw investing on cryptos hoping that they will be part of the future of monetary syatem.
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Nope, banking system is not important anymore in the bitcoin era. You can keep your money on your phone without any worry that it might get stolen, Also transaction is very fast. Your money also grows overtime. Bitcoin has a very promising future in the monetary industry that is why banks are destabilizing bitcoin.
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a big drop does not mean that bitcoin is over, bitcoin started its price lower than a thousand dollars per bitcoin, and look at its price now! about $11000 dollars. Price drops normally happens all we need to do is to wait until its price goes up again.
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the main reason why I invest on bitxoin is because I believe in it and I make money through it. It has already proven itself last year. Maybe its a gamble but the reward is much bigger that the risk you take.
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