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If banks disappear what will happen to people where they will carry their money 80% of the people of the earth still simply do not know what cryptocurrency and even more so how to use it.
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I hoped as well one day the price should go up. i see that a lot of these coins even don't exist anymore. They seem to be "dead" as people say. Some have stayed, but mostly is the price/btc going down.
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I don't really understand,if this is another spammy post or not. If you do a simple google search you are going to find out that visa/master card service providers are available out there for bitcoin and crypto users. Although many of them have cards on pause ATM.
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Honestly, everyone with BTC before the fork was given equal value in BCH in wallets, so now the choice is yours, use BCH to move smalls transactions fast and cheap and use BTC for storage of wealth or sell off BTC and go balls deep into BCH.
I have both but my coins are all BCH, and a nice amount of BTC was liquidated into BCH and even a few new coin.
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To me, If the community of cryptotraders gives it full support and government decides to censor it ,the community effort will be useless. The government endorsement and approval is priority to future of bitcoins.
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To me bitcoin is and always be dominant to altcoins if I'm not wrong. We cannot say what happens in the crypto world but can assume if BTC goes down, all it will take down with which is literally not going to happen.
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ETH awareness and importance are growing supported by a very solid and active community, BTC is more known and it is still a benchmark regarding to sentiments and trends for cryptomarket participants.
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I don't think quitting is the solution to the present situation because when the catalyst will be institutional investment and when that comes, prices will begin to rise and all the weak hands will return. Stay strong and stay in and you will feel the benefit in the long term.
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valuations are a big concern. A look at the value of bitcoin, the most popular cryptocurrency, reveals that it hit its peak of around $20,000 in December of last year, only to lose, over the next two months, almost two-thirds to less than $7,000. Another popular cryptocurrency, ethereum, has met with the same fate.
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Nobody truly knows how this new technological application will develop. It could be that cryptocurrency is the future of money, destined to replace national fiat currencies partially or even wholly, as outlined in the previous section. If this happens, the value of fiat currencies will continue to fall against the more popular cryptocurrencies, which will become excellent investments.
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Hopefully they will and they'll see the benefits of allowing it themselves and the tax money they'd be missing out on, but they don't really see that with the legalization of drugs so who knows what their thinking or rationale would be for banning or regulating bitcoin in whatever capacity.
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