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I have gathered informations about bitcoin that might interest you and whats going on in the other side of the market Lets see.
The bitcoin price is now up by approximately eight percent since the beginning of the week. At press time, the currency is trading for over $8,800, and $9,000 by Monday seems like a done deal granted bitcoin can keep up its current momentum.
Frank Cappelleri executive director of institutional equities at Nomura Instinet predicts that the currency is slated to go much higher, and will likely strike $9,173 in the coming days.
In addition, over 60 percent of analysts according to a poll conducted by Tom Lee feel that bitcoin could break $12,000 by the time summer rolls along.
Large hedge funds have entered with deep pockets and strong hands, says John Spallanzani, a portfolio manager at Miller Value Partners. All positive signs.
With all of these positive signs we can expect a good market gesture in the coming days.
And yet mining is once again looking profitable!
really what you say !! in other words bitcoin starts to rise from adversity, start facing a sunny day with a nice bright spot hold for bitcoin
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http://www.cnbc.com/2017/06/20/bitcoin-millionaire-erik-finman-says-going-to-college-isnt-worth-it.htmlHave you heard of the story of a 12 year old kid who wagered with his mom that if he will be a millionaire at age 18 he will not go to college. To his mothers surprise he is now a millionaire and never went to college. His secret he bought bitcoin at 12$ with a 1000 $ gift from his grandmother. If we also dream of getting rich in the future it is now time to invest in bitcoins. Many said that we will be experiencing bubbles more often, that is true but we have survived it and still bitcoin keeps moving on. If we want to get rich invest in bitcoins today. The price of bitcoin today is at 2600$ and moving up but imagine its value 5 to 10 years from now. bitcoin investment is now like a planting business which after fruit can be picked up by its fruit before it is done look at what kind of bitcoin what good and bad bitcoin what are the risks we should know because bitcoin is not like a tree
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So there has been a lot of hype about bitcoin lately and I know it is revolutionary and has lots of advantages. But let's try to state the reasons why exactly do you personally think that bitcoin is not great and lacks in some points. I know it has great applications and is just great but it is not falwless right? My question is simple and straight, What are the flaws of bitcoin? Except its high volatility and "Dark use" (in illegal activities).
because bitcoin has many weaknesses and one of the weaknesses of Bitcoin is that there is no clarity about its physical form. If this happens in a currency, then it can be a high risk, especially for entrepreneurs who wrestle in the physical field. Of course, not everyone accepts the concept of virtual currency. Most people want real money or physical money.
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Just as the digital era, the photographic industry witnessed the bankruptcy of Kodak, the rise of online music, the disc has also been quickly eliminated, after the advent of bitcoin, the financial industry may also need to carry out major rectification. Will the bank disappear?
Some of the advantages of bitcoin compared to conventional money are very low transfer fees, high transaction speeds and barriers, transactions between countries and can be done with a matter of minutes and can be done anywhere and anytime without having to come to the bank.
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Global cryptocurrency investors are showing their enormous interest on bitcoin due to bitcoins upcoming bright future. 2017 was a great year for bitcoin.Bitcoin reveals its power to the global economy.worldwide investors are funding their assets to bitcoin now.i think bitcoin will set a new benchmark on 2018.Rival merchant organizations are feel free to invest and work with bitcoin now.its just a matter of time when bitcoin will rule the global economy.
Can not be denied, the growth of Bitcoin value in 2017 is arguably fantastic. However, this criticism of the cryptocurrency is analogous to the 'bubble' (because it continues to fly high but can 'erupt' anytime) is still quite attached to the digital currency. With a note this year, I will not be surprised if Bitcoin can touch USD 250 thousand (USD 3.39 billion) or more within five years. Nevertheless, there is still a 50:50 chance of great success or total failure
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Will China, India and other countries follow the same path?
US authorities have granted permission to CME Group Inc., the world's largest marketplace operator and marketplace offering Bitcoin futures or futures contracts. Authorities have also granted permission to CBOE Futures Exchange Holdings Inc. to trade Bitcoin futures contracts.
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There's a lot of things you need to consider that if you don't give importance your investment may be at risk so here are some of the things ou need to consider or to study.
Learn about the basics first such as: Bitcoin wallets How Bitcoin works What is Blockchain Types of wallet And different kinds of investments
Second Learn what kind of investments you need to do, here are:
Trading Holding
When you've decided what kind of investment you're going to do start finding exchange where you will bought your first bitcoin there's a lot of platforms where you can buy bitcoins such as:
LocalBitcoins Binance Coinbase Just search on the internet.
NOTE: You should know the risk you're going to face when it comes to investment remember that there's no assurance that if you invest you're going to earn so invest only what you can afford to lose.
The benefits of Bitcoin in life are quite a lot, but as 'unreal' and do not have legally written laws, Bitcoin has some weak points, and it would be very damaging to invest in this currency but we do not know it. Basically, any form of investment must have risks, whether investing land, foreign currency, until gold. But the difference is that some of the examples I mentioned are real objects and have official government regulations. If you are interested in Bitcoin or other digital currencies, then it's good if you know in advance some of the risks. Bitcoin investment is not an easy matter. Given the price of 1 BTC which is very high now, of course you will spend a lot of money to start this investment. What if something goes wrong?
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Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. At the time of writing, Bitcoin had bounced back up to the $9,200 level, down from weekly highs just above $12,000. This week has seen coins across the board in the red a sign that investors are jumping ship to fiat currencies this time instead of swapping into altcoins as weve seen in the recent past. https://imgur.com/a/1DaM3do not be discouraged, there is low there is high, there is up there down it is the usual thing do not be affected bad news news from anything especially from mass media .. be so bitcoiners true
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BTC has no role to play in the real world affairs. People who try to create such a role are confused between asset and currency. The design itself only considers pure virtual activity with no touch with real world. People also mistake the buzz words such as "peer-to-peer", "border-less", "decentralised" etc as the problems to be solved. But sadly these are not real problems. The insignificant problems (speed and fees) are hardly enough to sell and these problems are going away anyway. I have no respect to Nakamoto because he ignored the most important element (govt and authorities) in social situation and still want to sell it as some solution to social situations. Hardly any country has regulatory framework that deals with btc.
The problems are rooted in the philosophy of crypto, not in the code. So, the beauty of blockchain tech is irrelevant for btc. It is like selling a bad app by showing how great Android is.
1) Bitcoin does not provide controlled visibility, because it doesn't recognise the existence of governments. Now if you make changes to provide visibility to authorities, ALL privacy is gone. If you don't, then ALL visibility is gone.
2) Fees are rooted in the design. Whatever consensus you invent for a public blockchain, you can't escape rewarding the work of validating transactions. So zero fees are not possible.
Public blockchains sacrifice all good qualities of a business application for the sake of trust-less environment which is not even actually a problem to solve in many contexts. Also they make it extremely costly to run small amount of code or small storage. Who wants their business code to be validated by all arbitrary people in the world?
Most ICOs are sharing economy concepts similar to uber model. Lack of a responsible intermediary and costs will make these "innovations" to fail, if they ever have to touch real-world activities.
Bulk of the blockchain activity will move to business collaborations which might not even look like a blockchain. Crypto coins will be used in most business blockchains, but these coins will be value-less tokens and very specific to the business or institutional activity.
I have never held bitcoin in the real world, what form do I not know? for my knowledge bitcoin is based solely on digital technology, but existence can be felt in the real world even more in cyberspace, like mirages that can only be seen but can not hold. Positive thinking about bitcoin is a good thing
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