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I think the possibility of this happening is high because Bitcoin doesn't rely on banks during their transactions plus they are independent with the market prices.
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Yes, things come to end eventually, especially since Bitcoin is only virtual. Sooner or later, all countries will ban it and it will depreciate and disappear just like that.
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Yes, you can use Bitcoins to pay for your travels just like when you book online and pay with your credit cards. But, the good thing here is that it can still increase its value so you can have your pocket money as well.
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Due to the benefits that Bitcoin can provide, a lot of people are enticed to register on Bitcoin and start earning money from it. That is why its no surprise that they have been trending worldwide.
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It’s a great idea to start investing in Bitcoins. Price trends show that Bitcoin is going up and it will possibly continue to rise up.
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BTC is a way to be able to gain extra income and save up money for future use. It’s like a virtual money where I can invest and gain profit.
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Bitcoin is a currency which means that it can function as money. However they are also treated as assets in order to get profit from an investment.
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There is much speculation with Bitcoins. There is no way to predict its rise or downfall. As a user you can keep your btc, spend some and save some.
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It’s a good option to hold onto your Bitcoins, that is the norm. You can sell them if they reach higher values, but this depends on you.
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You can look at forums and keep on asking questions along the way. You need to take a look at updates as well that are the latest in relation to the system of Bitcoin.
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Cryptocurrency has been embraced in Japan, US, and even the UK. There might be attempts but there is no definite law that regulates the use of Bitcoin still.
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It is not supported in certain countries simply due to the fact that the government cannot interfere with this However, the ban will not really be effective since usage of bitcoin entails anonymity.
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A perk about bitcoin is that the way things work are less complicated and they are decentralized. Unlike banks, there are no charges or fees that will flood your bills even before you realize it.
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Recently john McAfee has stated that he predicts that a bitcoin would go an be valued 1 million us dollars by the year 2020. Although unlike to happen he probably said so in order to make more people invest in bitcoins to make sure that bitcoins won't loose value in the future.
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