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Nothing to concern much about BTC current price drop because its prices mainly fluctuated due to the public view and because it is decentralized and no one has the authority to control its price which is unlike the central government controlling a fiat currency in necessary situations by taking essential decisions but for bitcoin there is no authority to take such actions and public view and confidence is a major factor for bitcoin price to change for good or bad and in last time that didn't happen in favor for bitcoin but it is changing for better and developing to its ultimate goal
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Bitcoin current stage is not to concern much because its prices mainly fluctuated due to the public view and because it is decentralized and no one has the authority to control its price which is unlike the central government controlling a fiat currency in necessary situations by taking essential decisions but for bitcoin there is no authority to take such actions and public view and confidence is a major factor for bitcoin price to change for good or bad and in last time that didn't happen in favor for bitcoin but it is changing for better and developing to its ultimate goal
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Bitcoin prices mainly fluctuated due to the public view and because it is decentralized and no one has the authority to control its price which is unlike the central government controlling a fiat currency in necessary situations by taking essential decisions but for bitcoin there is no authority to take such actions and public view and confidence is a major factor for bitcoin price to change for good or bad and in last time that didn't happen in favor for bitcoin but it is changing for better
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Bitcoin can be mentioned as a bubble or a failure if it disappear from the cryptocurrency world forever by becoming its price to zero but that didn't happen and it is very far from happening at the moment when considering its expansion and the demand it is gaining even under pressure and many obstacles it had to face during this time and specially this year like no other and after this year we would see a huge progress in price of bitcoin
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No other way unless each of us protect out own wallets and computers from hackers and different computer viruses that tries to steal our cryptocurrencies by following good and recommended practices which has mentioned by computer and crypto experts but other than that there is nothing I see possible because many investors like me are not developers and complicated IT related protections are very difficult for us to follow but the basic practice to secure always works fine
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We know Bitcoin is one of the powerful and top coin in marketplace.
But world wide all county are announced its illegal.
I personally think that bitcoin is very help us for paying any payment.
Its has many facility.
But our government are announced its illegal
Because the governments have there own view about Bitcoin and the cryptocurrency market which is something that to disrupt the current financial system and to make things easier for criminal activities so from there perspective Bitcoin is black money with the capability to become untraceable in any transactions but few really know it is a complete lie and there is no way Bitcoin can do such a thing to the world |
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I started my cryptocurrency journey around July 2017. I bought some altcoins; verge; dodge, Xrp Siacoin on Bittrex and left some on bitcoin. It was a roller coaster for me around November to December 2017, particularly with verge, my crypo investment of just about $120 grew to a little bit over $3,000. I never new on time until I opened my bittrex. It was wao!
I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.
That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance, and suddenly it was disqualified, and the price have falling like packs of cards, more than 50% right now.
Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?
But I am wiser now.
Does anyone have similar experience
Those experience are not new to me either because I have gone through the same frustration and losses and there is nothing an investor or a trader can do regarding the matter because our duty is to invest according to the market but the market won't change according to us in our favor except you are a big whale and has the ability to change the market at your will so many felt the same way you have |
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No That is impossible to happen and we cannot predict something like that in the picture because Bitcoin has not even reached a quarter of the world population as a digital currency and sill it remains as an investing asset but for that to become a full functional currency it might take several years and no one can say what will happen in between those years and still even that happens if Bitcoin becomes a global currency I don't think majority of governments will let that happen by doing nothing so above is very unlikely to happen
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Best way is to change the crypto world to attract more general public because if we keep the same things in the crypto world like we were doing in the past I mean using digital assets like some kind of investing tools they can be useless in the future and that is the main debate most general public point every time they talk about digital currencies and that is the main reason most haven't touch the market but if we can change at least a bit by making the tokens we see more useful for important things it can do a huge different.
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There are many benefits from Bticoin but I think while others are spreading negative news about Bitcoin and its existence few risk takers who are willing to invest in Bitcoin make more benefits always in the Bitcoin world. Because to gain profits from the cryptocurrencies individuals should have more courage and patience than ever even to hold there bought tokens inside there wallets because most media and other sources always trying to make bad new about Bitcoin and other crypto assets so the investor should be brave enough not to listen to them
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Holding is easy because if the investor who bought Bitcoin or other crypto currencies is going to keep his assets in the wallet there is nothing extra he needs to do during the process and most of the time long term holders make profits in the crypto world but at the end because of these individuals digital assets gets useless inside wallets because they do nothing productive to improve or develop businesses or life of general public
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Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.
Yes if most fiat currencies including major currencies from powerful countries gets replaced by Bitcoin or any other cryptocurrency it will be the biggest change in our history and that is why it is very rare and difficult to happen but with the time it can happen but not from one night. So if your question is is the world ready for cryptocurrencies my answer is yes the world is ready but in order to be useful in the world it might take many years from now |
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In an economic sense,
An INVESTMENT is the purchase of goods that are not consumed today but are used in the future to create wealth.
In finance
An INVESTMENT is a monetary asset purchased with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit.
I really don't want to turn these into an economics class but the both definition of what investments are clearly should settle the argument of whether BTC is truly an investment or not.
I believe that too but I think Bitcoin is a great investment option than some because it allow anyone to invest in any level because if you invest in property or share market you should have a considerable amount of money in the beginning and even to start a good business at first the initial cost would be much higher but in Bitcoin it allows to invest according to the investors financial level |
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When the price of a commodity drop with no reason, you should know that it is being manipulated. The reasons for this is quite simple, because a lot of people know this is a fake crash and they are going to make millions, when other people start to panic and start selling their coins at these low prices.
The secret to maximize your profits in this game is to buy coins at the lowest price possible and then again to sell at the highest price possible.
What do you do if people are hoarding their coins and refuse to sell? You simulate a fake crash by stockpiling your coins over a long period and then dumping those coins at once to trigger a small crash. You then buy back these coins at a lower price than what you bought them and wait for the market to recover.
This is what is happening now, because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic.
What manipulators don't consider is during there cruel and dirty game to make more profits by reducing the market price through manipulations what will happen for honest individuals and for those who have invested there life savings in cryptocurrencies. Because today investing in cryptocurrencies is very important for some individuals and that is why some has even invested there college fees or life savings on crypto and anyone can check the existence of those people even in Bitcoin forum but in a second there entire efforts will be in vain due to some selfish market manipulators |
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my wish was to be a doctor but i'm engineer now
I din't have a exact aim or dream and some times I wanted to become an actor |
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I don't live a fulfilling life mine is much boring and struggling to change the situation
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I think looks doesn't matter you have to be smart and be your self
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In my country there is a place call heavens edge that is once of the best place I like to visit
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Dell computers are very afordable and are working great. I am using one for making movies and minting coins and it serves it's purpose.
Agree and they are durable too |
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First follow a tutorial using the YouTube there are so many interesting channels that teach step by step how to make a good website
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