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Bitcoin is a multi-functional virtual currency. You can mine, trade, bag, and many others. it all depends on how a bitcoin owner wants to use it.
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In the world of Crypto everything can happen. Many people who enter the Crypto world are in a hurry to get big profits and end up in great regret, because they risk something without careful consideration.
I am afraid that is what your friend will do when he feels and enters the Crypto world.
It's best to give him as much information as possible and invite him to join this forum in order to gain more knowledge to start entering the Crypto world.
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You cannot stop or prevent false news, they have many ways to spread false news, all we have to do is provide correct information when the news starts to haunt.
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In my personal opinion, using bitcoin in everyday life is still not possible, we can only attract bitcoin with a high enough amount, we still cannot use bitcoin just to buy a candy in the store. Because a minimum withdrawal or delivery is sometimes assigned to a wallet by the owner of the wallet storage service.
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There is nothing to worry about because I am convinced that bitcoin and its future will be very bright. Decline and Increase in price is the law of the market, we cannot influence it. We can only wait and hope that miracles will soon appear like last year.
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This year is probably the right year for investors to make observations and make decisions to invest.
that's what I think about when the market is experiencing a downturn like now.
Because the current market situation is almost the same as the previous year, which ultimately increases market prices that cannot be predicted to fly high.
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I think the future of blockchain will be very good, blockchain can spread in various countries and be used well and survive to this day, blockchain will make world trade better and easier, if the blockchain has been adopted by the world and admitted by the government.
That's what I think now.
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yes, it usually takes about a week to be able to sell tokens at the recovered price, so when people panic sell all the coins, then buy with a limit order at the lowest price, because surely you will get the coins you want
and a few weeks later, the price will rise, and that is profit for you
yes I agree, it will be an advantage for us and regret for those who panic and sell all the coins they have.  |
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I am sure there are several groups that can cause panic, but when there is panic in everyone, I will just be silent and hold tight to the coins I have, whether to continue to be worthless or to fly high one day I will wait. Because I'm sure when panic can't take the right decision and end up in regret.
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Yes, of course. All wallets can be hacked, no matter how safe your wallet is, if you don't use it carefully it can happen. So you have to be careful, to keep the private key as good as possible, don't let anyone know except ourselves. Hackers have many ideas and ways to hack a wallet.
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In my knowledge you better invest the money you have in the form of precious metals or a box of agricultural land that is just a small example of investment that takes a very long time. If you want to invest your money in Cryptocurrency, you must have a wide knowledge or you can find out and explore information about Cryptocurrency.
In Cryptocurrency, if you can choose the right time and choose the right coin you can immediately enjoy the results of the investment that has a short time, but also if your choice is not right you can suffer a little loss or experience a big loss.
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I would like to dispell the myth that you need a mobile device to pay at a store with lightning. I personally don't carry a phone or such device with me when I am outside.
I think it is quite simple actually.
1) Set up a lightning node at home
2) Print little paper bills with QR codes that act as one time auth keys for telling your node to send money with lightning. Print different denominations such as 10k satoshi, 50k satoshi, 100k satoshi
3) At the store, whatever the price, you give the paper bills and they scan them, and (as long as they have a computer with an internet connection) then your node sends the right amount. The denomination of the bill would specify the maximum that your node would send for the auth key. So if you have to pay the store cashier 152k satoshi, then you would give a 100k bill, a 50k bill, and a 10k bill. Yes they may steal 8k satoshi from the extra amount allowed by your 10k bill, but that's worth like 50 cents now, so it's a small risk, and you can use smaller denominations if you wish.
This type of setup would need a standard protocol that nodes use and cashiers would have on their computers, so would be worth starting on this if someone wants.
wow that's a very brilliant idea, I just realized that it can be done. |
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