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As for me, to motivate person to work is been able to convenience the person the see the benefit behind the work.
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Everyone that believes in bitcoin will always want to hear good news about bitcoin and cryptocurrency in general. I think if this happens, it will be a major revolution for crypto. If bank confirms and adopt crypto it will increase people's confidence in cryptocurrency. For sure crypto prices will increase and there will be increase in terms of investors and organizations around the world will also adopt it.
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Well for my best of knowledge I think the cryptocurrency market price works with the principle of demand and supply. The price of crypto market drop most times when there is a FUD which easily cause panic to the investors in such cause the supply will be more than the demand.
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Well security is one of the major challenges facing all most every aspect of life, not only in online business including our traditional banks. We as individuals and exchanges. We have to know the kind of exchange will should keep our coins and our private keys. in terms of those exchange that will required you to import your private keys.
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Really this shows that Thailand government is wise set of people because they able to realize that legalizing cryptocurrency, more people like traders and investors of some citizen of those countries that banned cryptocurrencies will like to moved to their country where they will have freedom to do there crypto businesses. Knowing that Thailand major source of income is tourism, by legalizing cryptocurrency will boost their economy.
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Well I strongly believe that decentralization of bitcoin have made it very strong for anyone or government or agencies to just woke up and shut it down like they way it happened to some centralized systems in the past. As long as bitcoin is available to sale and purchase anytime and any day. Some news can only create a panic which might negatively affect the price for a short period of time and it will still raise.
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Well as for me, I believe that for understand is the key to eliminate panic in term of investment like cryptocurrencies that is bitcoin and other altcoins. Most people that ask such questions do not have a better understanding about the bitcoin and it volatility nature that is why the keep asking such whenever there is a drop in the price of bitcoin.
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Well, the thing that interest me so much about about blockchain technology is it's anonymous and decentralization. It is very difficult to trace and close all website that has coins in them. Though government can fight against bitcoin and exchange but there is still many channels we can make use of our coins.
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Yes, I experienced this same incident early of the year 2018 that is around January when the price of bitcoin dropped down to $8,000 plus after the major increase it was below $9000 per bitcoin some weeks and the price of ethereum and other altcoin increased massively and bitcoin did not go up with them. Same thing is happening now.
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For sure first time visit to store they always like to create a first impression by attending to the customer is lovely manner. While the customer is receiving such special treatment he or she can just ask "do you accept bitcoin as a payment method" I tell you if more persons keep asking that at there first time visit to a store is a great means to advertised bitcoin and cryptocurrency in general.
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Well, I witnessed the elevation of the price of bitcoin last year, from the last quarter of the year 2017 the price of bitcoin became unpredictable because I was among the people who was predicting the price of bitcoin to hit $10,000 per bitcoin and the speed it uses to cross the $10,000 prediction to $20,000 per bitcoin became a surprise to everyone. But I doubt the price of bitcoin to hit $60,000 by the end of 2018.
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Well I knows, that many numbers of people in the bitcoin and cryptocurrency in general are newbies and they have not gotten a good level of knowledge about the market that is why they always want to seek opinion from different people to enable them take their decision. When it comes in bitcoin investment, there are two set of people, which are those who trade and those why buys bitcoin as an assert For those who are day traders they wait for the price of bitcoin to drop before they will buy and sales as the prices raise to a slackly above their purchase price.
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For sure hackers are the number one treat when it comes to online investment, account, wallet etc. And securing our cryptocurrencies wallets should be our priority. The step you mentioned here are necessary but I prefer hardware wallet more, it has a better security measures.
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Really this sounds interesting and I'm really happy for Samsung to start accepting bitcoin as a payment option in there stores, I trust this will really increase the crytopcurrency community because Samsung is one of the large market in terms of gadget.
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I think this is a welcomed development for bitcoin, I think this is the first Africa and it will create a positive impact in bring a exposure of bitcoin in Kenya and other African Countries to emulate it and from there the popularity of bitcoin will massively increase in Africa. I know this will increase the number of bitcoin holders.
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I will say that in my opinion it is not a good time to sell bitcoin especially for those who bought bitcoin when the price was over $10,000/Bitcoin and those who also bought ethereum when the price was over $1,000/ethereum. We all knows that bitcoin and ethereum are still struggling, but since two or three weeks they look like stable.
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