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https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/ I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction. I think crypto is just like cash for property because many people see face to face as a kind of asset that can be used for the long term future so I find the view of this article quite true for many people but there is one What we can not be sure is whether bitcoin can last or not |
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Bitcoin is truly a treasure for someone who achieved even a single piece of it. Its value transcends that of a precious gold dust, proven that most people spend most of their time and effort to gain one bitcoin atleast. One can say that a bitcoin can replace everything; from salary, currency and that of a treasure. A country with its citizen having much reserve of bitcoins can be a powerful economic advantage.
Can we consider bitcoins as national treasure of a country comsidering its economic significance?
I think the bitcoin does not have much influence on the economy of a country at present, but if it is widely spread around the world accepting it as a currency for official trading, then btc It really affects the national economy but it's a matter of the future and we can not be sure what the future will be like. |
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According to a study conducted by researchers at Imperial College London, cryptocurrency has the potential to become a form of payment that is widely used for decades to come. In their research report entitled "Cryptocurrency: Overcoming Barriers to Trust and Adoption" Professor Imperial College London, William Knottenbelt, and Imperial College Business School Dr. Zeynup Gurguc, argue that cryptocurrency has so far acted as a store of value like a fiat currency.
I think this is possible in the future because the convenience that bitcoin brings to the economy of the country is greatly improved and it will help people to trade with each other. easy and less time consuming. But there are still some btc worries that will be used to do bad things and I hope this has been fixed in the near future. |
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hello guy!
I find that near people are always worried and afraid of the future of crypto, when we invest in the crypto market, we also know the market will fluctuate up and down and its risk, I think it is Often, most of us are going to HODL and buy more when they think it's touching bottom, there are some people selling them, I think that's the decision of you and no what wrong. WHY EVERYONE DOES NOT PATIENT AND BELIEVE IN YOURSELF IN YOUR DECISION? This is what is happening now because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic and wait for the green boom to return.
I see people often sell when the price of crypto hits bottom because they are afraid they will lose more money even though they know if they keep long time the market will increase but the problem is, if keep that time too long they will not Have money for other things like paying taxes, living expenses, tuition fees for kids or somethings like that .so they need to sell to turn around capital |
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I think a lot of people around us has told us that Bitcoin is a FAD or a SCAM or a Ponzi scheme. Some of our closest relatives have told us to SELL before the BUBBLE will burst. {guess we hear that enough?} The media is telling everyone that Bitcoin is the tool of criminals and terrorists and child pornographers and paedophiles. Most of these people are not invested in Bitcoin, but it looks like they are looking for reasons to attack it. How many of you want to prove them wrong? I sometimes look at these people and I think... WTF are you on about? I seldom bring up the subject anymore, because everything coming out of their mouths are negative. The only time when they are interested, is when the price hits a all time high. Then they want advice to invest in Bitcoin and when they buy at the ATH, and the price drop with 10%, then they panic sell....lose money....blame Bitcoin. I am sooooo sick of this. I hope we can finally prove them wrong in the near future, because this is definitely getting under my skin now.  This comes from their ignorance, they just want to sit down and do nothing but still have money and that is impossible. For a long time I did not care about such people, in the future they will see their mistakes and feel regret. I believe that when the market is restored so we can finally prove them wrong |
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As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?
I think they will focus on cryptocurrency storage and billing for the previous phones because it is easier to implement than bitcoin mining. As far as I know, samsung is one of the most influential phone companies in the world. So in the future it will soon come true |
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here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.
any suggestion on how you save your money?
I think the best way to save money is to list your expenses as well as consider what you will buy. Most people spend a lot of money, because they do not think that buying a piece of education will be beneficial or is it really necessary, so consider carefully using your money |
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they're all fools for investing in bitcoin not knowing anything about the market and have any knowledge. But on the other hand, their action gives some real investors an opportunity to start investing in bitcoin in such a low price. So i would say that who's got the most coins wins.
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I started reinvesting at $6180. My thoughts are that the $5900 was a double bottom chart and we will be back to $8000 by Sept 21 (ETF deadline) with an expected "sell on the news" pullback then depending on that outcome, either sub $10000 or over $20000 by Jan 1. ETF acceptance means little except it is a sign of future adoption by the big money.
What we need is bitcoin powered cellular service. Every phone is free but has a mining app that is required to run in order to have service, companies that earn USD but take investment and pay dividends via BTC, and a country to adopt BTC as their national currency (hello Palestine)
-Isa
good to hear that, i hope bitcoin will grow even higher from now on and hit 10.000$ by the end of this year. I got mine at 6000$ and always believe on bitcoin. |
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wow, i really sorry for you. Don't know you have sold the coins yet but if not, hold them for later because you're losing your money anyway why not play this game until the end? At least you can get something back.
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the only way for bitcoin to be accepted by the world government is the transactions through bitcoin has to be put in check, like have a bill or something to prove that you have sended the money, and the traders informations have to be shown legally. But that's not gonna happen because the things follow is just a part of bitcoin and the main reasons for people who invest in bitcoin and use bitcoin as a currency.
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I would say bitcoin as it's can go long term and the value of bitcoin right now is pretty good compare to other coins. Although the decision is yours since every coin has its unique way to make profit.
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Bitcoin has lost it's value but in thetime being it still stable between 6000$ - 7000$ and have the potential to go even higher so i do not believe it will go down to 3000$ anytime soon.
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I don't think there are other coins can compare to bitcoin with it's popularity and value. Bitcoin will and always be the number one coin in the crypto market and no one can deny that.
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We can say 40.000 - 60.000$ but 91.000$, that's something else and it will need more than 2 years to reach that in my opinion.
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Of course it's still rising. The coin market is very potential and can still make profit from and can rise to 12.000$ by the end of this year.
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.  The most obvious reason is that Bitcoin prices are the strongest, which is the sell-off psychology from investors. Young trader and inexperienced trader easily fall into panic when the market shows signs of decline, followed by a wave of selling off and the situation becomes worse. |
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Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?
I think we should just invest a bit in bitcoin or altcoin because the market is so hard to predict if you invest a lot without earning money, it's really bad. So I just invest a little and watch the market if I feel the recovery, the good progress is then the right time to buy it. |
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We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter, My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stacked in holding.
Believe in a better future, things are just in the development stage and I believe in the end of the year the value of bitcoin will improve although now everything is very difficult but everything will be If successful big deals and people know more bitcoin, understand the benefits that it brings. |
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Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
I think the government will have to have a thorough trial plan if it wants to make a bitcoin into the official currency, otherwise things will be very upset that high tech criminals will take advantage of the money to rob others. Used to trade trafficking, illegal activities so it is difficult for that to happen |
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