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They said prices tend to rise when viral news spread from one buyer to another, transmitted by word-of-mouth between friends – especially to those with a “fear of missing out” on a chance to get rich quick. The rate of new entrants to the market helps to set prices, while more people losing money will lead to immunity.
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If they have ban Bitcoin, then that is something we should respect. Every country has the right to accept, allow and ban. Bolivia maybe worried about the volatility of Bitcoin and they wanted to protect the countrymen from losing their money out of investment. But we'll never know, they may revoke this in the future.
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We are in an era where in mostly everything is run and use the power of technology, so as the cryptocurrencies. Becoming the national money is not far from happening. Yes it may be volatile, but it shows progression each year. And it this continues, the possibility of it is a big chance.
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They’re attractive to criminals due to the pseudo-anonymity created by cryptography and a peer-to-peer architecture provided by blockchain technology. Regulating the industry is necessary because it removes an intelligence black spot that’s exploited by criminals. Digital currencies including cryptocurrencies such as Bitcoin, Ethereum, and Ripple, these can pose numerous security challenges for governments.
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Cryptocurrency fame is the real deal when it comes to skyrocketing to the moon miracle and as humans we have a tendency of turning anything into profit. People see Bitcoin as the key to wealth and a good future. Bitcoin's trend this year is a seesaw. But only once they are sure that the volatility would end and the Bitcoin resumes its uptrend you can be sure that most of the investors would actually get ready to invest in this cryptocurrency.
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Many other alternative currencies will have their moment in the limelight, but their lasting value will remain to be proven.However, based on measures of ecosystem size, and the number of developers and adopters of real projects, bitcoin and ethereum should remain dominant.
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This article proves that Bitcoin really work wonders and proves its dominance in the industry and in the future.
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Even with the negative stories that seem to flood the news at times, Bitcoin is actually more secure than most other financial systems. Taking the time to learn about how Bitcoin works and investing in a secure wallet is essential in keeping your Bitcoin safe.
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Bitcoin will stay as number 1 in terms of Privacy, Popularity and Transparency. But always remember that it is your responsibility to adopt good practices in order to protect your privacy when you venture in cryptocurrency.
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I appreciate Facebook doing this since they hold the highest number of subscribers. And since cryptocurrency is something that is not stable yet, it could mislead information all over the world to people. But maybe in the future they would revoke this policy.
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You could've sort out your priority first and that is education. You don't have the knowledge yet and investing on something you don't know how it works is a total risk and waste of your money. Continue with your studies since that will hold greatly about your future. Investing is somnething you could have done if its your extra money.
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Bitcoin is the first decentralized digital currency, the mother of all altcoins, as the system works without a central bank or single administrator. The system was designed to work as a peer-to-peer network, a network in which transactions take place between users directly, without an intermediary ( banks ). This is were blockchain introduce and is now widely known and is considered to be use by other industries.
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So for most people the better way to get Bitcoins is to purchase them from others who already have them. There are a number of ways to do this. There are Bitcoin exchanges, such as the European company Bitstamp, that match Bitcoin buyers and sellers. There are also user-friendly services such as Coinbase that will sell bitcoins to customers at the current exchange rate.
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The first function of a currency is to serve as a stable medium of exchange, a store of value and a unit of account which Bitcoin does not posses as of the moment, that's why its more of a speculative asses since its value is volatile. Maybe in the long run if the government permits and legalize cryptocurrency and meet its requirements, then it could be a new currency.
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This is the first time I heard about Bitcoin being advertise through radio stations and its something good to be adopted by other countries. We know that we could get info just by going online and search for it. Since a lot of people spends time listening to their fave radio stations, announcing Bitcoin price would somehow create curiosity to listeners.
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Blockchain Technology rose to fame and became widely known because of Bitcoin. Blockchain will still survive without Bitcoin since its a technology where in other industries can take advantage of such as the Pharma, agriculture and etc. Not just the cryptocurrency ( BTC ) alone.
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The value of bitcoins has been fluctuating a lot but it is seen as a viable option for investment. It has seen a huge surge from $3000 in mid- November to $19000 in December 2017. And as of the moment, it has manage to get back up and remain the no. 1 cryptocurrency. If this continues, we are most likely seeing Bitcoin as the new currency to be use worldwide.
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Binance new educational platform is to plan to bring accurate, neutral, and entirely free information to the world. With this effective, more people will consider learning and will possibly invest once have the knowledge or understanding about how the cryptocurrency works.
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The country must legalize first the cryptocurrency. This is the first thing that should be done by the government for it to be recognize by the people and see it as a no problem in all payment transactions. Bitcoin can greatly enhance the economy of the country since a lot of investors are investing and seeing it as an asset. It will also attract investors for those people that are interested in investing but their country wont allow.
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