The Bank of America has stated that Bitcoin can potentially become a “major means of payment for eCommerce” and can also become competition to money transfer providers. It is rather interesting that a bank is expressing a positive opinion of Bitcoin and it shows that Bitcoin is gradually receiving wider support. However, the bank further stated that if Bitcoin gets too big, the government might have to do something about it. This is not necessarily a concern, but it is definitely something to think about.
Bitcoin is dynamic, distinguished, and is the most popular form of digital currency right now. The increasing support for this crypto currency has taken it to a different level. People now all over the world are starting to use Bitcoin as a way of transactions and also for investments. In addition, with news coverage, the virtual currency has been taken mainstream where basically everyone has at least heard of the coin. This is why even though Bitcoin is still at its early stages; it has the potential to grow into something larger, and more valuable. Even Overstock.com has started accepting bitcoins. Who knows… maybe Amazon, Target, Walmart, Newegg, Staples, or even Macy’s is next? All in all, it seems highly likely that many retailers will start accepting the digital currency as a payment method soon.
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2017 was a good year for Bitcoin investors, and they think 2018 will be an even better year -- according to a recently released LendEDU Bitcoin investor survey. According to the survey, 76.99% of Bitcoin investors believe that 2018 investment returns will exceed the returns of 2017. Meanwhile, 74.69% of Bitcoin investors plan on increasing the size of their current investment in 2018.
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My expectation these level of prices of bitcoin a bit high and it might come back in ST so wait to buy new ones. 2018 will bring much more opportunities to buy and sell side both.
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Australia will be the first stock market to use a stock exchange block-chain technology. Other stock exchanges are preparing for this kind of transition.
BLOCKCHAIN SHOOTING
Finally, after the passage of the blockchain technology that comes to the fore, the Australian stock market will be the world's first block-chain stock exchange. The Australian Securities Exchange (ASX) has announced that it will use this technology to conduct clearing and custody transactions. The move began in January 2016 with the aim of building a block-chain-based system with ASX's partnership with US-based block-chain initiative Digital Asset Holdings. The stock market will start its main lines of new technology transition in March.
Changing, changing...
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You were right before but with the current information it was changed, the perception to bitcoin I mean, people looking it as an opporutunity
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In 2018 the governments planning to introduce the taxing system on cyripto currency gains, this will be introduced otherwise the governments shall not authorise these income.
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There is no benefit for me these days because I am just monitoring the price movement I stucked can not trade huge price fluctuations.
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I have one regret that I suppose everybody has to start invest on bitcoin much much earlier, nowadays it is not as affordable as possible due to the current price level it becomes more expensive for me.
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Currently all financial sector resisting on cyripto currencies to cut their income, but at the end they should adaptate it, the system should be change.
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IT depends on each person expectation, if you want to work freelance it would be an opportunity to get paid in bitcoin. This should be exercised by yourself due to your future plans.
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Due to the current price jump will cause a huge amount in small transactions in total, it was not this big before the increase
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After the high pump on prices it should easily expect that the price should move reversely, still waiting this movement a week ago
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Bitcoin absolutely will effect the income tax gain of each government but I am sure that the blockchain system will destroy the centralized institutions and structures
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what makes bitcoin appealing, in other words: what is the "breaking the ice" part about bitcoin that you can tell a newbie in a sentence or two, too pull them into this crypto journey BTC @millzp0
You can educate yourself to be a millionaire if you have a budget to invest in a very short period of time
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Jeff Currie, chairman of investment products at Goldman Sachs Group, said Bitcoin is an investment product with many similarities to gold, but the movements that trigger investor concerns are due to lack of liquidity.
Currie speaking to Bloomberg TV; 'I do not understand this prejudice against Bitcoin. After all it is not much different from gold! Because there is no obligation to nature. Currie says that the two investment vehicles, which have many similarities, split up at one point, saying that they were controlled by 8.4 trillion dollars worth of machinable gold central banks in the world, but the bitcoin was in an uncontrollable state.
Currie and many investors have different opinions about Bitcoin. US business man Warren Edward Buffet says "a real balloon" for bitcoin, while billionaire entrepreneur Peter Thiel says that virtual money is being paid. Joseph Stiglitz, a Nobel laureate economist, commented, "Bitcoin is successful but we should pay attention to illegal transactions."
Currie recently said that Bitcoin is the same as other investment products, but it says that the original innovation is not in bitcoin but in blockchain.
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John MCAfee, 5 months ago from his Twitter account: "Bitcoin, 500 thousand dollars ... will not eat the penisimizi" he said, and Bitcoin history had probably the most ambitious price estimate. Now for the year 2020 Bitcoin updated the price estimate and said it would be $ 1,000,000 tweet as follows When I said Bitcoin would be $ 500,000 in 2020, I predicted $ 5,000 for the end of 2017. BTC has risen faster than I thought. I do not understand why he works like a pumper...
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I see a very high likelihood of going over $ 12,000 in the beginning of the year. The tether keeps pressing. Later on, the sensation is realized with the price, but if the realization time is long, a hard collision may occur.
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At the age of 39, Didi Taihutto bought Holland's house, furniture, motorcycle and 3 cars and bought Bitcoin. This seems a bit risky to me! He must have a back up plan if his plans get worse...And he did not sell his spiritual things, like his photo albums, that he could never fill. The Taihutto family expects their assets to grow in size over the next three years thanks to the Bitcoin stock exchange.
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Surprise about the current bitcoin price, of course not I would expect double in coming days.
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Bitcoin currently using by wide variety of people it gives a chance to people making money by investing
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