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Bitcoin is under constant pressure, speculation takes bearish and bullish extremes, for that reason the ups and downs occur, however in the long term, the upward trend is expected to continue, there are good expectations for the year 2020.
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In some countries it is much more difficult than in others because there are too many restrictions and the consequences can be very negative, in this case I advise you to make investments with long-term views or look for strategies to put certain legal layers and obtain benefits by conventional means, leads Some work, but it can be done.
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I totally agree with what you affirm that by clearly defining the issue of regulations the growth of participation and investments will be high, however, the people of the government know it and feel the pressure because on the one hand they observe that cryptocurrencies are growing and on the other hand, they know that legislation favorable to cryptocurrencies will weaken the dollar, in fact many investors are looking for cryptocurrency projects.
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That is incredible, the anonymity of Satoshi Nakamoto wants to be exploited by everyone, I think it is enough to read a couple of articles about Bitcoin to understand its most important fundamentals, I do not know what that audience has thought.
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Your proposal is very good, it is a mixture formula that protects privacy a lot, however, the use of eminently private currencies such as Monero and Zcash is quite advantageous, the only problem is that the level of acceptance is relatively low and in some Exchanges They are centralized, but we all know that KYC is required and although that information is only used by the Exchange, at any time it is available to someone who requests it through a legal mechanism.
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The truth is I don't think it will be extinguished, because Bitcoin is currently used by millions of people around the world, however, no project is infallible, if another Altcoin with greater advantages and benefits for people arises, then Bitcoin can lose ground, even Now it has not happened, we will see in the coming years, however BTC is always a great opportunity for investment and trade.
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The truth is that I don't believe that Bitcoin can be destroyed on a technical level by hacker attack, although there is such a probability, it is super small and I do not think that governments agree to kill Bitcoin or cryptocurrencies in general, in fact there are clear claims of Important officials saying that Bitcoin cannot be stopped, what is being done is a regulation so that people can pay taxes and perform work within the framework of the law.
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In my opinion this is because more entrepreneurs and investors are protecting their money in Bitcoin and they have purchasing power, somehow they have taken advantage of low prices and the accumulation has been great, the most important thing is that the benefits of technology Blockchain and cryptocurrencies achieve a practical and massive use.
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In my opinion this is because more entrepreneurs and investors are protecting their money in Bitcoin and they have purchasing power, somehow they have taken advantage of low prices and the accumulation has been great, the most important thing is that the benefits of technology Blockchain and cryptocurrencies achieve a practical and massive use.
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It is very true what you say, Bitcoin has given many moments of joy to tens of thousands of people, but also disappointments, this is a fairly volatile market and Bitcoin is one of the most sensitive cryptocurrencies, if you bet in the medium and long term, you have greater chances of winning
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Definitely I bet on privacy, because the Bitcoin system is quite safe if appropriate measures are taken, I do not agree that you want to remove the main spirit of independence to cryptocurrencies only by a few criminals, it has also been proven which is the cash which moves the gears of everything illegal.
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