too risky if you choose crypto to help your friend's economic problems, crypto can indeed get a lot of profits and can also make a lot of people lose too, too risky for people who are just learning crytocurrency like your friends especially your friends still have car loans
In my opinion, crytocurrency is not as dangerous as you are thinking, if it is dangerous and fraudulent, then no thousands of people become rich with it. Right now it looks like the market is down, but I believe it will soon recover and again bring opportunities for you and me |
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My answer to the principle is: NO
Bitcoin is money, the value of money is built on confidence, tradition and security, attributes that Bitcoin offers easily. The analogy between Bitcoin and social networks is completely incorrect, people think that Bitcoin is an myspace that will be replaced by facebook. It turns out that Bitcoin is money and not a social network, so this comparison is completely wrong.
Most of mankind's wealth resides in vaults for hundreds of years, so the circulating medium is derisory close to it. Why are we going to need fast, no-fee coins if we can use paper money and banks? Bitcoin's purpose is to be a safe asset, scarce and superior to gold. What is behind Bitcoin is the fact that no politician can steal you through taxes or inflation, there is nothing safer than Blockchain and Bitcoin. So far no technologically superior currency has emerged to Bitcoin to the point of provoking an abyss between technologies and will hardly emerge.
BUY BITCOIN TODAY AND ALWAYS.
I have a different view from you, everything is renewed and developed to fit a society changing day by day. I'm sure there will be a new coin better than BTC or ETH and it deserves to be held in the future. In my opinion, it could be coins from the governments of the nations |
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Some of my friends don't have interest in it, some seem to do but they say it's too time-demanding and so on. I only have one friend who's really interested in crypto.
Yeah, there are still many people who think cryptocurrency is really complex and complicated, so they dont really have an interest to learn crypto because they think it will cost a lot of time. But we all know that it will be really worth it. Maybe they are afraid to find out something new and they do not know the chances of getting rich from bitcoin, if your words are enough to convince your friends it will be different. I believe that when it comes to bitcoin opportunities, most newbies will enjoy and participate in this market |
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I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?
Most bitcoin investor before 2018 must be enjoying their profits. We can see on history price that bitcoin price below $1000 early 2017 and peak price at $20k. Even with current price, bitcoin investor still enjoying big profits Perhaps the decline from the beginning of the year is just a slight adjustment to the target price at the end of the year, the best way is to wait for a sharp pump of whale prices and we can exit row. Again, there are no successful bitcoin banks in the moment, as prices are volatile |
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We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
i spending my time in bitcoin because i want to earn money without helping me because i want to earn money and to be an independent people to help them financially through this and also i am interested. Your thoughts are just like mine. I personally find my own opportunities, not dependent on anyone and I call it happiness. Earn money based on rare opportunities from bitcoin |
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Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?
There are now some investors on the verge of bankruptcy and they have decided to invest in Altcoin and the results they receive are superfluous gains. I believe this is also a way for stockbrokers to rescue their bonds |
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The main reason for prohibitions is very simple. Transfers in a currency different from the national one, lead to poor economic performance, including GDP (one of the main indicators). This way, it is easier to launder money or transfer funds outside the country. Neither banks nor payment processors will get their interest.
McCall Robinson a manager of Merchant Accounts, believes that most countries prohibit Bitcoin because it cannot be regulated and he said that. "Many governments do not like the very idea that there is another form of currency that they are not able to control. The supervision takes place on the Internet. Some countries consider it as danger to their society and government.
In my country, banks are banning electronic money transactions, they do not accept any payment online, bitcoin trading becomes difficult, I can only trade in dollars. In my opinion, the reason banks prohibit bitcoin exchange is that it affects the profitability of banks |
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I was questioned on crypto currencies legalization. I explained the facts happening around. Few received it with convincing reactions and few just ignored it. I really felt bad for the guys who did not care about crypto currencies as I really know the fruitfulness? I happily taught few others about crypto currencies. What was your friends expression when you introduced bitcoin to them?
This is an interesting story, I introduce bitcoin to my friends and they treat it as a scam, they see me as a PONZI model, I lost friends while I was wanting to help them, maybe You are right, do not help the fool and fear |
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Crypto it is mean a lot to me because it is the reason why i've extra income and it helps me financially, also because of crypto my way of living is totally change and also my family. I hope that this will change our life for the better. And a large amount of work can be done precisely by machines using new technologies
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It depends on the market situation. If the market continues to be bullish, I suggest you not to sell your crypto currency for the time being. Because the market is still up. You can wait until the end of the bull market to sell.
Incorrect, the rule when trading should only be bought when the market drops and sells when the market soars, in this case I recommend selling to get a profit, should not be too greedy in this market. That was a clear profit |
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My plan in this year maybe going to buy more altcoins that have some potential to increase the price and i need to hold it because my target is to be get a high profit for my holding to altcoins that ill buy. I believe that the market would rise better again and I am so hopeful about it. I want to put up a good business soon through my crypto earnings so I'm grabbing he chances to earn here
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Basically bitcoin graph are now going to down, but sometimes it goes up. So we don't need to get worried about this, it's just a part of circulations that really happened. The price of Bitcoin is stable and not so down rather it has entered into the normal market from a bullish market as the price last two months were low and touched the 6k dollar price and from that instant the demand showed a sudden increase
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I think virtual currencies like bitcoin will continue to rise in the next 5 years.Because bitcoin is very good for the economy in the future of us all.
I agree, I think cryotocurrencies will rule the market in the coming future as these cryptocurrencies are getting very popular day by day.Digituzation is also going on so more and more people are into these cryptocurrencies.Bitcoin is the number one cryptocurrency today and is used by many people |
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Bitcoin prices are considered a major disaster for the electronic money market. Those who have held the BTC long in hand are anxious. Last year, I kept 7 copper bitcoin price up before I sold it. The great potential of the market that is suffering from the stock market is plummeting
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Yes now the bitcoin price depends on media news if they promote positively the price will increase and if they tell anything negative about bitcoin suddenly it will come down. It is because bitcoin has the fluctuating nature and the price of bitcoin use to increase and decrease, at the time of low price is good to buy bitcoin and hold. If price use to get down at the time of low investment then it use to increase faster than the speed of the dump in price
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There are many options for investment if there is no crypto in the market. For me the best option for investment is transport business because transport is much easier than any other business. Probably on real estate business but it is just that I have no experience from thosevthings so I am only into cryptocurrency investment
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Now the crypto-currency market has gone down, then it will go up.These fluctuations occur constantly, you just need to be able to benefit from it.
This is the usual trends happening every year, you are right we really need to get the most of it when the price rise and keep holding and buying when the price is low. I think this is the cycle every investors are doing that is why they are gaining a lot of profit. I agree, there's no reason to worry about because having dump and pump in the market is natural, so if you see the market is goes the right thing to do is to wait and be calm, so by doing that you will avoid panicking. All markets at some time go through growing pains. We can and do learn a lot by adopting market strategies and mechanisms but we also just have to wait |
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It is normal that the market will decline when those well-known companies attack or release a statement that they are against the crypto currency. Negative news always affects the market price, and this is the result of a left and right announcement from social media platforms and a large search engine company, for example google. The market will continue to fever for a long time, and it will be unstable. This is due to political events in the world, the imposition of sanctions and military clashes
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In developing countries, bitcoin has a lot of opportunities to give to the people of a certain country but there is still the fear of the government about the abuse of using bitcoin in their daily lives. Bitcoin has a much larger presence in developed countries and advanced technologies is not common in developing countries. Developing countries can grow from Bitcoin if bitcoin is transferred to those countries' companies and individuals
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One can never enjoy the benefits given by cryptocurrency at any another investment. The volatility of the market can help you to get most out of nothing, even a low value coin can rise beyond once exception level within hours. If I have more money and I want to invest in some regular business I will invest in transport sector, because I love transport and I am thinking of my own transport company. I have invested in bitcoin for this purpose
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