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Yes, I think digital money can be regulated by the governments of countries around the world accept bitcoin. With the current overheating with many risks, bringing wealth to many investors or possibly bankruptcy, bitcoin needs a regulation, a certain rule to continue stable development.
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I also believe that Bitcoin Cash can coexist with Bitcoin. Bitcoin's evaluation over the past half decade has made it a gold equivalent rather than a currency. The notion that Wall Street is developing Bitcoin's derivatives also shows that it is on track to become the first digital product in the world. Bitcoin has a smaller block size and higher transaction costs than Bitcoin Cash, making Bitcoin Cash more suitable as a payment option. So, assuming the Bitcoin Cash increase is due in part to the need for a more flexible digital payment mechanism, I think the world has enough room for both. "
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Bitcoin definitely has competition!. It is probably because there are many disadvantages of it. For example : slow transactions which can take upto an hour or high transaction fees,.... Those issue with Bitcoin which are solved by other cryptocurrencies giving rise to increase competition on this digital curenccy market
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Bitcoin eliminates the need for banking intermediaries, significantly lowering transaction costs and could liberate poverty stricken economies around the globe by providing access to capital to the one-third of humanity that is excluded from the financial world. However, some of the most transformational innovations of Bitcoin have been exploited by bad actors. These nefarious players give Bitcoin a negative reputation. This reputation leads to perception and perception becomes reality, especially in the nation’s capital and among regulators.
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Global economic crisis is supposed to happen periodically. Although it hasn't happened yet, some experts show several potential signals of the next crisis. If it really happens, not only cryptocurrency but the whole global economy will be hit. I can see a not-very-bright prospect for cryptomarket. Investors will be more vigiliant due to lower income. They may massively sell coins. All these things will come as an awful shock for Bitcoin.
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The reason for the price differences are fees for transferring between the bitcoin exchanges (you have to transfer both, bitcoins and fiat currency for a complete cycle) and fees for trading bitcoins against fiat currencies.
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They are long term investors who firmly believe in Bitcoin potentials rather than wanting to earn quick profit. At this rate, they aren't willing to sell with losses but wait to the right time - when Bitcoin gain its dominance.
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There are many ICOs available in crypto market where you can invest easily and make money for future.But IСO is now really risky. You can look for other ways of earning: investing, bounty, mining,etc.
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I still believe in Bitcoin's dominance. It's the first cryptocurrency and now its price is far higher than Altcoins.
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