in my opinion it is the perfect time to buy alts as so many of them are in very low price and maybe they have not any room to go deeper in price. I believe soon the money in btc will shift to alts where we would see pumps.
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the banks have been in the world for so many centuries and have their roots strongly deep in this world. A new technology which is not even ten years old can`t overcome banks so easily, rather banks would adopt this new tech and use against it as it happens with so many innovations.
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Actually we see that every investment has its own level of risk, bitcoin is also an asset and can be considered as the other investment as well which is not different from any investment when it comes to risk, but you don`t need to be rich before you invest because there are so many individuals which have gained so much with only a small investment.
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I believe that this is a normal correction, there is not a balance on supply and demand in btc and the price goes down. The market has to go up and down. It's just a temporary thing I guess which will leave a room to an increase after a period of time.
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South Korea is a country which is open to new innovations which is one of the major reasons for them to make this kind of development in their country. I hope the positive approach towards btc and crypto will go more into adoption and will spread to the other countries as well.
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Personally I think Bitcoin because when you choose the right project wait for the time the price of Bitcoin rises you can make huge profits while in property the return on investment is very small and it takes too much time for it.
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every time you deposit or withdraw your coin you use an address from your wallet. This address is meant to be unique for just one currency and if someone wants to sell bcash instead of btc than even he or she must require you bcash wallet, even if you give your btc wallet to them it would be impossible to send the bcahs there.
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btc may be our future but the idea to stake all the resources in only one place is not a good idea in my opinion because you are dependent only on one asset which may be gone due to the outside factors.
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I think that the ones who have different opinion about btc and the whole crypto must stay here and would be inapropriate to remove them as we can learn so much from them about the problems which have to be fixed. But the ones that want to only make things worse with fake news must get out I think.
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If this is true, it for sure will go mainstream and I believe so many other companies will follow Samsung` s strategy which will make the demand for btc more and have a positive effect on its price.
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In my opinion the global regulations will make the adoption of the bitcoin more secure and more faster as if regulations will come it would mean that countries have officially accepted btc which would give trust to so many people.
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recently in my country I have seen many places and individuals who have posted in e commerce sites something to sell and they stated that they do accept btc as a payment for selling their cars or properties for example.
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Passive income is a good thing especially in the old ages but personally I don`t like it and in next 5 years I wish to make a huge investment to open and produce something which can bring active income for maybe the rest of my life.
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Easy money always attracted so many people, furthermore made so many lose their money and investment but the history shows us that it have been repeated through many times, such as in bitconnect and other scams. So the people will not learn anytime I think.
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these in my opinion are the first steps towards adoption but as always instead of decentralized communities (most of them failed their mission because of the greed) the centralized companies are adopting it and will sell it in the future back to us.
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It do affect them directly in any mean. If the price of btc increases than you can see that the price of alts decrease and wait a bit than if btc is still stable the alts increase as well and when decrease the alts don`t wait for anything but get dumped.
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For sure there are many industries that consume much more electricity than the miners, but this can`t resonate the huge consumption of electricity by miners, the solution have to come and there are ways but first the greed must be controlled I beleive.
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The real problem here that we have many dumb investors who don`t understand anything, don`t even know how the money operates and want to earn in crypto and become millionaire. So I guess we first have to reach to educated people and change their view, if done so than the others would follow.
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the volume is rising steadily but what we have to bear in mind is that sometimes huge volumes can damage the price because now on btc can be shorted as well where people predict for the price to go down and if that volume rises it would be bad for the price.
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well the number of atms in Belgium are significant for its users and I am happy to hear that because in countries like Belgium which are developed the adoption of crypto is very important where they can make big impact on it.
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