From a "lets make the world a better place perspective" should we support only bitcoin right now or altcoins also?
Well, if we support only one side don't you think that it is somewhat bias. If you are really that concern about cryptocurrency and to the cryptocurrency community as well it would be probably a very good idea to support both side. Since, they both have the same purpose in our life and lots of people does depend on cryptocurrency. well, actually both are related. when bitcoin prices rise, can be sure altcoin prices will also rise. supports altcoin, but it does not support bitcoin, I think it's a bit useless. but, be sure that supporting both will make a very good income. |
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will this year be the same as last year's year after the Chinese New Year's celebration of the bitcoin price rises again and even exceeds the previous high, I expect bitcoin to rise from this decline, and we as users should be able to keep the price in the way we do not panic at seeing a price drop because this is all just a matter of time
can bitcoin rise after the turn of the new lunar year later?
Bitcoin is showing signs of recovery in April. That is a good sign for everyone. But maybe 2018 will not be the same as previous years. 2018 is a difficult year for Bitcoin and Altcoin does not rule out that bitcoin prices will increase in May next. Until now, I am still looking forward to bitcoin prices reaching $ 10000. this year I believe the price will exceed the price in 2017. |
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It is like... none. The only thing it may do is get the country some taxes but so far I think most of the non US people avoid paying taxes with BTC.
well, I do not think there's any impact in that, because all the bitcoins will be converted into fiat form, and of course that will affect the economy of the country for the better. but somehow, so many things are still confusing from this. |
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https://www.bloomberg.com/news/videos/b/4a0b16dd-6783-4dac-9fa0-76e923c9a774According to this link, a bloomberg news site, it was mentioned that there are two hotels in LAS Vegas that accepts bitcoin as payment for hotels, food and drinks. If you want to visit this place as a tourist or to gamble and you happened to lost your money to gambling you can always use you stored bitcoins to get a room to sleep and relax and enjoy the food and booze. Well it is a great idea that hotels can accept bitcoin especially on casino hotels because you know many people who use bitcoin sometimes drawn to gambling and if they gamble they can use bitcoin as their bet. And if hotels accept bitcoin as their payment it will reduce the time that people spend on queues and it can also save their time. in fact, so many hotels have already received bitcoin out there. I see it from various media in social media, and also from some updated information. well, it would be advantageous if you opened that hotel in a place where bitcoin became popular. |
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Bitcoin is not a digital dollar. Bitcoin is a product of blockchain technology, created to make transactions faster and safer, not as popular as the US dollar. In the Cryptocurrency market, Bitcoin plays a leading role. Bitcoin is the coolest coin used in digital money. When Bitcoin was accepted by the world, Bitcoin was considered a digital dollar.
Well, bitcoin can be exchanged for dollars. it might be said that bitcoin is a pile of dollars for now, and maybe the price will continue to grow. but I think not everyone has received bitcoin as legitimate money. |
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The first one is the biggest mistake, in my opinion, lack of knowledge of the market is the primary reason why most of the newbies suffer from the volatile market. I have lost my 100% capital in my initial days of trading when I used to trade based on the opinions and tips shared in the chat box. Now, it is the section where I rarely give any attention while trading. I recommend investing time in doing research before investing money. After all, crypto is all about taking own responsibility.
mistake in coin trading is we are too hasty. even when we get not so much profit, we will sell it. whereas the coin has such great potential. well other than that, knowledge becomes a pentin point in this case. most of the people who trade are just trial and error. |
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maybe bitcoin can be categorized as money. in the end bitcoin will be converted into fiat, where fiat is also money. bitcoin has no intrinsic value, but its function is what has cost, and bitcoin is measured by dollar, and dollar is measured by gold. well, as far as I know.
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What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?
I think it would be a world destruction day if the price of bitcoin was $ 0. The blockchain technology will collapse and everyone will lose their property. The economy of the world will be severely reduced bitcoin will always have value, in spite of crashes, it's just price, and the quality will decrease. well, I guess that also only happened at some time before bitcoin back in fix its own price. people's need for bitcoin is always growing every day. |
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There are things that cannot buy with fiat, thus bitcoin can use to replace fiat. But some of them use bitcoin for bad thing because hard to trace. Thus they might prefer use bitcoin to do the transaction.
because some people predict that bitcoin will have a price, or a high fiat value, which is higher in comparison to what they spend then. so they prepare for it, and hold the bitcoin for a long time until it reaches the highest price. |
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China is indeed an important contributor to Bitcoin and other cryptocurrencies. From the statistical data, China has a major impact on the world economy. But it is not isolated from the rest of the world. China cannot prohibit Bitcoin on behalf of the world.
yes, Of course not. bitcoin will survive, because there are still many countries that develop bitcoin, and I know it will be more popular. china may have an effect on bitcoin prices, but china has banned bitcoin from their country. so, we have to move on and keep working. |
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I think i will saving for my children Bitcoin. If nothing changes, bitcoin will last very long and over time their value will be very high. A small amount of money invest in bitcoin will help great for children later.
it is a nice picnic. they could have used bitcoin in their youth later. maybe i will also keep them some, but i may prefer cash in bitcoin. well, when bitcoin prices are high, maybe i will sell them partly, because it could be useful to them. |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Many people store their bitcoin for a long time, because they say that they can get good profit from it when its price skyrocketed in the future. Me, I am working to get bitcoin so that I can save it for my kids future. well, many people have felt that storing bitcoin for a long time can make a pretty good profit. it's just that we can not wait for that, in fact, when the price becomes dump, everyone thinks to sell it quickly. try to save for a long time, I've proven it. |
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With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It’s faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners.
you are right. so many things make bitcoin better than cash. but, some people who have not really understood the bitcoin, will definitely say that cash is better, because I think they just do not know how the work of bitcoin. |
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when I make a profit, redeem it with fiat, and keep it in a trusted bank is my way to secure the profit I get. and that is a commonly used way. I just feel that it is the safest and easiest way for now.
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I think for me the price of the bitcoin will continue to increase because as of now the price is more than $8000 and that's good for us because if the price pumo they will get more profit again.
Well since price of bitcoin jumped I think this is a signs that bitcoin will be more to show up on the increase of value. It is like a roller coaster ride so better not to sell this time their is a more good to be happen on bitcoin. well, the increase that happened yesterday did make a lot of bitcoin holders to be profitable. when they buy it under the price of $ 7000. for now, that potential has not diminished. there is still a great possibility until bitcoin prices rise again. still hold the bitcoin that we have friends. |
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Both,for sure!!, i think bitcoin or gold have same bright potential invest especially for long term
For the long term and large amount of gold investing is certainly more secure and make our hearts become calm, increase and decline in gold is never significant, while for a small amount of money we have then choose a bitcoin we can make a good alternative because of the opportunity price increase very large. for now, I am focused on finding bitcoin. but, as you say, gold is very good as an alternative. so, utilizing both can make us make bigger profit again. But, most people just focus on one thing for now. they see a greater potential for now. |
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No one knows when will the bitcoin ends but as of now bitcoin is still popular as a new currency in digital world. Also, we are in the new age where almost all the things we have are digital so bitcoin will last long
nobody knows when bitcoin will end, but I think bitcoin will always have a price. maybe when bitcoin will end, the price will decrease, but I think for now, bitcoin will not end, even the price will keep increasing, and more and more popular. |
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if I have 5k euros, maybe I will invest on ETH. well, right now in my head there is only ETH. although btc also looks promising, however, eth has an affordable price for me. having them in large quantities is still my target for now.
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I hope this year the price of bitcoin is higher than the previous price. the year 2018 is really exciting. so many things make bitcoin the center of attention. even the price also began to fall due to some news, and action from various countries. but now the bitcoin price is starting to rise again.
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Early for children. I do not think kids need to teach bitcoin, they have to learn to continue with real money. After that, we can teach them something about the coins because it's better to tell them that they need to focus on the crypto. kids love fun.
in fact, it is very difficult to teach them to look for bitcoin when they are under 13 years old. well, I think they need more play and study with their friends. maybe after the age of more than 13 years, they will be easy to learn this. |
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