I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
based on what I experienced, it's better now if you just give a site link or an explanation video about what is cryptocurrency, because if you only explain in your words, the thing that is feared is that you don't explain in more detail until the most important part. so if he/her (your friend) is interested he/her will try to find references that can add more knowledge... |
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until now I have not found the right word how to explain Bitcoin, what is Bitcoin and how it works for others, because people who hear most are very unwilling to know what I say especially if it's about Bitcoin. and if it's like this, I usually don't care about them  |
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many benefits that we will get if the digital currency is regulated
- we can report to the police if we lose the digital currency.
- the digital currency is safe, and its security is guaranteed by the authorities.
- and can be used for anything, especially payment instruments, even though it will be taxed.
maybe many more benefits will be obtained if the digital currency is regulated...
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There's alot of people move out from Cryptocurrency some are for their loses and without experience,some are doing for in bounty campaigns but still not get result so I want to know behalf of that reason I have mention is correct. What do you think?
1 year more I focus on bounties and cryptocurrencies, I was able to renovate my house, buy a cheap car and travel to several cities in my country. To be honest, all of this will be difficult for me to get if I don't know cryptocurrencies and bounties. I will continue to believe in bounties and cryptocurrencies... So for those who have not yet benefited from cryptocurrencies, be patient and focus because patience and focus are the keys to our success on all things. |
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any body know the reason for current drop?
the usual cause of falling prices is... - reduced interest and trust in the market - there is bad news about the market - big sales (Dump) occur because of someone's fear or interest. this is what I know makes all commodities, stocks or currencies drop, and this is what happens to cryptocurrencies so prices drop, CMIIW  |
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Big companies like BMW certainly accept Bitcoin as payment, and it is certain that they receive payments via other cryptocurrencies such as Ethereum and others because they certainly have an account on cryptocurrency exchangers... I really hope this is the green light for Bitcoin and other cryptocurrencies accepted by the world and used as one of the legitimate assets.
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I see the current market decline is a natural thing to happen, based on what I have heard, this is the act of America, gold and silver are also affected. whatever causes the market down at this time, I hope it will be quickly resolved so that it will attract investors and new people to buy Bitcoin and other cryptocurrencies...
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Crypto coins that I get from investments, airdrops or bounty programs, I always keep in my wallet, especially MyetherWallet... but for Bitcoin, Ethereum or cryptocurrencies that are in the top 20, I prefer to save in wallet trading platforms, so I can save fees...
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all just hope, I hope that even though Bitcoin doesn't break into $ 50k, at least Bitcoin can return to $ 20k by the end of this year... prices go down or rise, I'm very ready with all the possibilities that occur at the end of the year on Bitcoin...
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Some people have been afraid of crypto for quite some time now. I feel majority ought to have overcome this fear.
- People still panic and loose their profits.
- Some panic and loose participating in good projects.
- Some panic is loose their holding.
- Some panic and miss the opportunities in crypto.
If fear does not do any good, why do we then still fear?
it is true that fear is useless, but it is a feeling that comes naturally when we see a 50:50 possibility, and eliminating this fear is the most difficult in my opinion because there is no theory of eliminating fear... only logic can reduce fear and not everyone has the ability to think logically when the market is red. |
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this is actually a test for us if you want to go then please go, but if you want to survive, then keep working without despair... I still remember when I first decided to focus on Bitcoin, all I had was hope and enthusiasm, so would I just give up when the market was red like this! Of course not, I will survive because I'm sure the market will return to green and rise...
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for ethereum and Bitcoin I use my local exchanger because it can be directly exchanged into my country's currency, the withdrawal fee is very cheap and goes straight into the bank account , but for the coins I get from ICO, I usually sell on forkdelta or in exchange determined by the project ICO developer.
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I started focusing on Bitcoin in mid-August 2017, with only one cheap laptop and internet network, I was able to make a few Bitcoins, buy a car and go to several cities... I thought about what it would be like if I didn't dare to start focusing on Bitcoin from the beginning, would I still get it all. so, nothing is too impossible in this world, even though we don't have anything to start, but if there is a strong determination all will be achieved |
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What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.
that taxes will be applied if the goods or services are recognized by the government in the country, and if the ownership of Bitcoin is taxed, Bitcoin is indirectly recognized by countries that impose a tax on Bitcoin... to be honest, this will be very good, so the price, the number of cryptocurrency distributions, and the law on the ownership of Bitcoin will be clearly and legally regulated by the state. |
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A lot of posts are about bitcoin (eg bitcoin for illegal transactions ... bitcoins change lives ... bitcoin destroys the world ... bitcoin poison and so on) but basically it's all humans that move .. bitcoin is the tool. Good bad how the tool is how the man who runs. is it worth blaming bitcoin. What is your opinion?
Yes you are right thats why i always advice people to speak positive about bitcoin because we are the move of this coin laying negative allegations on this coin is what i think is bring it down, just imaging some persons creating thread like bitcoin will die soon and they expect the price to moon it will not because people will be afraid to come in why does that are already in will be dumping. that's right, we all definitely remember the news that affected the price of Bitcoin, good news or bad news spread about Bitcoin can affect the price of Bitcoin, we cannot stop it because there are still many people who use it to manipulate prices... |
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