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From last few days, btc transactions fees has been reduced remarkably. Even its transactions fees are now lower than bitcoin cash. It is really a great news for btc trader i think. How it can help the current market?? Share your logic please .
This is a good news. If transactions fees are lower, more people will be encouraged to get involved with bitcoin. Before, high transaction fee is one of the main drawbacks of bitcoin. I think they're continually improving on it.
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Legendary investor Tim Draper is confident that in five years all will use crypto currency. According to Draper, the technological shift that we can observe now will be more significant than the transition from the Stone Age to the Bronze Age. Answering the question about how he sees the current situation in comparison with the period when he invested in the technologies of web 1.0 and 2.0, he replied that web technologies and transformed the concept of information, while blocking has the potential to transform almost all industries, including government services.
Bitcoin has much potential for the next few years. It is being recognized by more and more people and investors compared when it was just starting. Although some countries are regulating the use of bitcoin, it's because they see bitcoin will really be more influential in the coming years. Some are countries are fully supporting it.
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Bitcoin can not survive without the Blockchain, actually.
Blockchain can process all kinds of digital coins or cryptocurrencies, so it will survive with or without the existence of Bitcoin. But of course, the first application of blockchain is intended before for bitcoin only. So Blockchain existed because of bitcoin.
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Yes indeed. The advice of those people who have already passed through the difficulties we need. Reading their advice, then studying the theory, we will make fewer mistakes. I have a man who advised me to invest in bitcoin as much money as I will not be sorry to lose.
I am newbie and I found this thread helpful as I start my journey in cryptocurrency. Everyday I am learning more how the system works, from basic terminologies used in bitcoin to joining bounty and signature campaigns. Everyday has a new learning from this forum. I am now more interested in trading. And this helps my hunger in information when it comes to trading.
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I think reliable sources is the exchanger, that where they have multiple databases which contain with purses or wallets to everyone. The better we can do a special rate
I think there is no way to measure the exact number of bitcoin users in the world. Some statisticians may estimate the number of users but not exactly. I think people who uses bitcoin are growing over time exponentially. More and more people are now aware of bitcoin.
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Universities are embracing accepting bitcoin for tuition, with Lucerne University of Applied Sciences and Arts in Switzerland the latest school to adopt. If anything, it's another clear sign the cryptocurrency is here to stay. https://futurism.com/schools-accepting-bitcoin-tuition/Even so... Bitcoin has been used to buy homes, and countries like Venezuela and Vietnam are beginning to truly embrace the currency. Now, certain universities are adopting the payment method of bitcoin for tuition, albeit with a few caveats. Good administration they starting to adopt the future payment system, and I guess those parents of the students also trust bitcoins ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Here in my country some of the school are now starting to integrate that kind of payment system and it is good to know that their systematic way of paying bills is improving. It is a good sign that Bitcoins are accepted by schools and universities in a certain country. The development and applications of bitcoin in our daily lives have broader and broader until such time that bitcoin will be our official and first digital coin ever made for the whole mankind.
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#Proof of Authentication Bitcointalk name: Earthwood Email: jhanraychales22@gmail.comTelegram id: @Earthwood22 Wallet:B9dXgDsyDppsKw8WMGepMQxeqwzH66Jwap
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Although both are at risk, i think it is more risky bitcoin in the bank if investing in it. Because if i see for example we invest in the bank of course we can get a change of the losses we will get from the bank. If we invest in bitcoin surely we will be confused who will be responsible for the loss?
I think both kind of investments are risky. Even banks may tend to bankruptcy and the money that you invested on it will be gone. I think the only reason why bitcoin is also risky, its because of volatility of the value of it. But, of course bitcoin may go up to its peak or maximum equivalent to traditional currency.
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The most urgent need for bitcoin is the high rate of small transactions, which will greatly restrict the development of the community.
Bitcoin and other cryptos are big game changer in the field of financial system. It was made to modernize our way of trading currencies/coins. It was made to make our payment system to become more convenient and more organized and alos to make our coins/currencies to become decentralized. I think the only thing that bitcoin or blockchain must improve is the cost of transactions that can be done by blockchain.
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The only effective way to secure your assets against scammers is by holding your information away from them, never store any thing like secret keys online or backing it up in an email, and also stop being greedy because that is the only thing that will drag you into being scammed.
There are many ways to protect your cryptos. One of the most basic to secure your assets is to keep your personal information and account private. Second, learn how to read. It’s very simple instruction but many of us are blinded by these scammers with their flowering words by promoting false information. And lastly, learn to be realistic at all times.
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Of course direct peer to peer exchanges are possible. In fact, I would trust some of the members here more than I would trust most of the exchanges. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes, and it is implemented by bitcoin and blockchain way back. That’s why people are more aware and want to change our old financial systems specifically in trading. The peer-to-peer transactions in bitcoin is already there with blockchain technology. So it is possible.
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Trading stocks is like owning a percentage of company whereas trading crypto is like owning an asses/security whose value is mostly speculative
Bitcoin is different in stocks in some aspects. Stocks is based on physical currency and of course, you have to invest cash to a company and get a small profit from it. Forex is like buy and selling cash. Once the value of a certain currency increases. When in bitcoin, you can do what you want to do like stocks and forex.
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Actually, it is not very few number of noobs in cryptocurrency business that comprehend the level at which patience is required and important in the business. It may be a cliché, but there is truth behind the line “Patience is the virtue”, especially in business. Running a business is not for the faint of heart, and not for the impatient either. Even if you have a great product or service, great process, and great employees, your business will require you to stay committed for the long-term. I got a few coins couple of weeks back, which I chose to hold while it was plunging however I continue holding with zero dread and just absolute patience. My advice to my colleagues is all you need is buy into coins with good potential like bitcoin and relax even while it’s at dip. Presently, i’m In over 30% profit in all.
This is so true. There are times when we get to excited when we discover about bitcoin. But then after investing, and the return does not come right away, we loose the patience. But it doesn't happen overnight. It takes time cause it's a long term investment. You may not see it right away but profits wills surely come after some time.
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I still believe that bitcoin will recover from fallen,and it will grow up to the higher again.how about you?!
Yes I still believe. We can see that there are still lots of people supporting bitcoin and there more people still getting interested with bitcoin. We cannot be sure of what's ahead but we can predict that there is much potential for bitcoin. Looking at the trend for years, it really happens all the time. Going down then suddenly rising up again.
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This is just one proof that there is really a big potential for bitcoin. Even large popular companies notice bitcoin and see its potential. It's a big step for them to even consider doing that. They wouldn't do it if they don't strongly see its potential.
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