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By its definition and certain ascertained features, I thought Bitcoin was a decentralized and uncontrolled cryptocurrency. How is the term regulate unrelated to the Bitcoin features? How would this regulation be carried out in India? I'm keen!
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It is agreeable that governments can try to banned crypto activity but will never be able to shutdown its activity because of it decentralized nature.
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Now, with your Bitcoin you can bring home your dream car right away.
Bentley, Rolls-Royce, Bugatti, Porsche, Ferrari, Mercedes-Benz Mustang, Tesla, Volkswagen...
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You can buy tees, jackets, coats, shoes, and other garments with your bitcoin!
Hats and Caps, Scarf, Tees and Tops, Dresses Jackets and Coats, Sweaters, Belts, Capris and Pants Costumes, Beachwear, Socks, Shoes Earrings, Necklace , Diamonds, Gold, Watch Bracelets, Rings, Luxury cars
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Below are more food options you can actually buy
Pizza Fried Chicken Cheese Fries Cheesecake Burger Chipotle Cheese Wild Jerkies Submarine Sandwiches and Salads Thai Food Bread and Pastries Fruits and Vegetables Olive Oil Honey Hot Sauce
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Because users of Bitcoin are able to send and receive bitcoins with only a smartphone or computer, bitcoin is theoretically available to populations of users without access to traditional banking systems, credit cards and other methods of payment. It is agreeable on this.
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While it is considered standard among cryptocurrency exchanges to charge so-called "maker" and "taker" fees, as well as occasional deposit and withdrawal fees, bitcoin users are not subject to the litany of traditional banking fees associated with fiat currencies. This means no account maintenance or minimum balance fees, no overdraft charges and no returned deposit fees, among many others. This awesomely is better per se.
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That was a fantastic decision in a fantastic direction.
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I have not thought about that, and precisely, if no one was using Bitcoin it would have had no value, and since it is being used by more than just a person, the future of the world is pregnant with more users which means a time in the world without Bitcoin should not be imagined.
However, this gives rise to a new topic. Can government shut down Bitcoin?
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This is serious! This same man was arrested sometimes ago around October last year on the basis of tax evasion.
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In my own opinion, I would say that due to the unique nature of virtual currencies, there are some inherent advantages to transacting through bitcoin over fiat currencies. Although over a decade old, the digital currency landscape is constantly changing, with most tokens being untested as a medium of exchange, and users should be careful to weigh their benefits and risks. That said, bitcoin is designed to offer a unique means of settlement.
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Is there a situation where we woke up one day and found out all our bitcoins vanished?
Blockchain or DLT has a simple definition where it is designed to solve double spending problem which represent a unique transaction that are solve through the computers in a network.
Blockchain is in fact considered as a collection of transactions in a block that is store in a peer to peer basis and each of its block is linked with the SHA-256 algorithm, timestamp network to solve the double-spending problem.
This principle also introduced the reality of immutable transaction feature to the computing world. So, having understand such definition, is our believed that this would be immutable as it claims or anyone has proven that such immutable resistance is exist as of today ?
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What could make topics posted on this platform to be considered as low quality ones? Please this is very pertinent!
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The first thing you need to get started trading bitcoin is to open a bitcoin wallet. Bitcoin traders are actively seeking the best possible solutions for trading and investing in bitcoin.
These bitcoin strategies can also be used for trading bitcoin cash as well as other cryptocurrencies. In fact, you can use this as a trade guide for any type of trading instrument. The method to employ are simple. Diversify your trades. ... Minimize trading costs. ...Watch Trading times. ... Make sure to follow Bitcoin News. ... The use of technical analysis is essential. ... Finally, use stop losses.
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Just like your cash in a deposit bank, one person aside from you needs to know your pin to access the cash in your absence, else the cash will remain there, bankers may even use it.
You need to confide in someone you can trust with the pass to your wallet, perhaps your relative or son, else when you die, your Bitcoin remains there.
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The Bitcoin price has fallen once again to the level around $47,000
Macroeconomic environment depresses Bitcoin Meanwhile, other factors also point to the prolongation of the correction. The Grayscale Bitcoin Trust (GBTC), supposedly one of the biggest drivers of the current bull market, is trading at a discount of -11.92%.
As to why this is, analysts currently seem to agree that the macroeconomic environment plays a significant role. Bitcoin’s correlation with the S&P500 recently rose to its highest level since the March 2020 crash.
Drop in crypto is large but it’s small adjusted by vol. Bitcoin has been relatively resilient. Issue with expecting much further downside in stocks is rates are the driver, and bonds are stretched here.
A bullish factor could continue to be institutions and large investors over the long term, as well as overall sentiment in the Bitcoin market. Lex Moskovski, CEO of Moskovski Capital, shared a chart showing that the illiquid supply of Bitcoin continues to increase.
Strong holders are ramping up their positions despite the sell-off. Bitcoin is holding up against the macro spectacularly well.
This is also supported by data from IntoTheBlock. According to the analytics firm, the total volume of large transactions (>$100,000) has increased over the past 7 days, reaching an on-chain volume of $173.16 billion, which IntoTheBlock says is a clear sign that institutions continue to buy BTC.
Bitcoin is ever secured and reliable.
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