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Hey guys,
a new exchange called XBTPro has started a Pre-IEO sale of its native token called NEXBT. This native token will provide a variety of benefits to traders on XBTPro such as: - big discounts on trading fees - beneficial especially if you trade big volumes - exclusive access to new markets - new tokens on XBTPro will initially be listed only with NEXBT pair - also all new members of XBTPro will receive a welcome bonus in NEXBT after the first deposit
During the Pre-IEO you can purchase NEXBT with 200% Bonus! The Pre-IEO has started on the 15th of April and will continue for 30 days.
There are more features planned - if you are interested I suggest reading the Whitepaper in the NEXBT Dashboard. To access it you will need an XBTPro account - you can sign up here: xbtpro.com
P.S. I am still kind of new here, hope this post doesnt sound too much like advertising but I thought it is a good opportunity and should share. Cheers guys!
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The risks in the BTC trade are no different from the risks associated with gambling and other activities where the profit is uncertain. If a person gets dragged and starts investing unreasonably, puts in almost all their assets in the form of BTC or withdraws a loan to buy BTC, then the person is having a problem and things become dangerous for the investor.
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The first decentralized cryptocurrency became Bitcoin in 2009. Since then, many other cryptocurrencies have been created. They are often called altcoin, as a mix of bitcoin alternatives. In the future there wiil probabaly exist many more cryptocurrency.
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I think you need to learn more about how to protect your crypto on your computer. Although you buy the new computer, it doesn't mean it is safe because when you are online on the internet, there is no guarantee for you to be saved. We are responsible for the security, and if you don't want to get hacked, then you need to take care of the computer and don't let anyone touch your computer.
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It is currently accepted as a payment method in some small companies. But of course it will take a while for it to spread. Lets take for example the creditcards- years ago creditcards were not a popular payment option but nowadays that is the most spreaded payment method. I believe that cryptocurrency will go the same way.
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Bitcoin, being the first of many, has been centre of attention on the cryptomarket for the longest, people have been able to see what you can do with it and how much money there is to be made. It has been accepted into our daily lives at some degree, and other than small daily transactions, it is doing a fantastic job. The Altcoins have their better qualities, like faster (almost instant) transactions and people are starting to see that (which is why many of them are in the green). Having said that, the mass trust in BTC like in no other currency, better or worse, so my prediction is that the market dominance will only get bigger.
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Cryptocurrencies certainly have some advantages over the flat currencies, like the fact the they are not controlled by banks or regulated and dependent on governments, but there is still a long way to go until we can say that Crypto is better than Flat. In the physical world in almost every situation flat currencies are easier, faster and overall better to use, so in my opinion until BTC or any other coin gets a full acceptance from all the different markets we will continue using Flat currencies.
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That just shows how the influence of BTC is increasing. More and more people are avoiding ordinary currency and moving to crypto. BTC and other cryptocurrencies are becoming more accessible and I believe that there will be a time when we will be able to get them anywhere.
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Spend on digital advertising overtook that of the spend on TV advertising for the first time last year. It is highly likely that for something like crypto an ad spend digitally would have a more positive impact on price than a TV ad. Getting into crypto can still be quite daunting and techy and is therefore better advertised digitally when looking at short term profit. I can see TV ads coming from somewhere looking to work toward mainstream adoption over a longer period of time, where interest/education can be generated via different media, as opposed to the big players who are probably more concerned with profit over a shorter timescale.
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If we have to compare gold and btc in the longтерм, there is smaller risk in investing in gold. By btc there is a risk of deflation, but the chances of winning are higher as well. If you know how to handle with btc, then you have to invest in it.
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If you are thinking about investing in Bitcoin, it is absolutely fundamental that you recognize that the space is highly speculative. Not only is there a chance that you could make double-digit losses, but you could also lose your investment in its entirety. Do you guys agree with me?
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The main advantages of Bitcoin are network effect and proven security. Both are nearly insurmountable advantages. Do you guys agree with me?
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If you have to chose between gold and bitcoin to buy there are several points.Firstly,gold has been highly valued for thousands of years across human civilizations, but now we are in the digital era, when bitcoin is decentralized digital currency, which value has increased ofver the last ten years and has proven that an investment in BTC is highly recommended. So which one is better? If we want to invest in BTC, there is the risk of inflation and deflation. You might win, but you also might lose too. BTC value is something unsteady and gold's value is steady. If it is up to me, I would chose to invest in BTC. It is not because the nature of the human being to take risks, it is because of the idea of Bitcoin. And if people educate themselves about what BTC represents, they would easily understand that the value of BTC.
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The main purpose of BTC mixers is to maintain privacy. I think privacy is right that everybody has. For example, when someone is transfering a large amount to another person, he may don't want the money to be traced to the original source. Also BTC provides decentralized payments, so it cannot be controled by the governments. Which leads to the most important question- Is BTC becoming centralized? I think that BTC mixers will stay legal because of the revolutionary idea of the BTC. Only the large corporations ,who are influencing the BTC ecosystem, are capable of forbidding the BTC mixers.
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China's Central Bank is working on a Cryptocurrency which would suggest that China is thinking of different ways to capitalise on Cryptocurrencies. It would be wrong to assume that integrating BTC and Altcoins into the system is not part of that plan. The Chinese have been showing growing interest on BTC investments and the government can only lose by not listening to what the people want for the future.
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As a relatively new user of BTC and Cryptocurrencies as a whole I think that it is user friendly, mainly because of the many options for web wallets and wallet applications that are being offered and improved every day. You don't need a whole lot of knowledge to execute transactions and most companies or sites that provide Cryptocurrency-payment methods are optimising their systems for the average user.
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Over the last 10 years we have seen in incredible development for BTC - the price increase has reached over 10000% at its all time high, so I can easily see it reaching 1M USD in another 10 years time, as adoption is increasing rapidly. Do you guys think that my price projection is realistic and would you say that now it is a good time to invest in BTC?
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I firmly believe that thorough research is absolutely needed when buying with BTC as the transactions are irreversible and there is no option for refund. Having said that, I have never had issues when using BTC for online payments. You just need to be careful with determining how trustworthy a site is.
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