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I am not surprised about the percentage of Japanese people who have known or into cryprocurrency. They are the one of the world's leading countries in technology and that's the reason why they don't hesitate to embrace the blockchain technology. I think only 50% of the total population of people in our country knows about cryptocurrency.
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Seeing bitcoin's market value falls down can really hurt and thus gives you a feeling of fear, uncertain, and doubt. But if you have just read bitcoin's history before you have invested, then everything will be alright for you. What you need to do now is just HODL for a while because bitcoin will rise again soon.
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There is a time when bitcoin drops bigtime. If that time comes, you should seize the opportunity to invest and them for the time that it would increase its price again.
Saving/hodling is good because there is always a chance that you can sell them at a higher price in a later time. But its not always saving or hodling will give you real profit. Selling in a very good time and price can of course give you profit. But as to bitcoin, it's better to hodl them long term because bitcoin is a long term kind of investment. |
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So much speculation on this question. As beginning to end of 2017 Saw a Major Boom and increase in BTC and other Cryptos
Do you see this happening again? As large growth spurt again for BTC for 2018? or at least a steady long growth that could carry into 2019 again? or do you see things staying stabilized and just small growth?
maybe the day of Bitcoin millionaires are over?
thoughts on this?
I speculate that at the start of 3rd quarter, crypto markets will be teeming in green cryptos again. Crypto markets these days are just in a very tough and bumpy road but if you look at the graph, everything is just normal. So let us just wait for the proper time to celebrate. |
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FUDs isn't new anymore ever since bitcoin hasn't reached the 20K$ mark yet. I always see FUD as a strategy to let others sell their bitcoin and other cryptoholdings that can cause a decrease of bitcoin price. In that way, they can now buy bitcoin at a lower price too.
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Even graph analysts could not perfectly predict bitcoin's price in the future. That is all because no one can control bitcoin's price since it is the demand of the people that defines bitcoin's market value.
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i am from Egypt which is a poor country with little income. can't buy bitcoins or even start by investing or trading or joining signature compaigns. so how can i win free Satoshis BTCand begin my way in crypto currencies?? can any body help me how to start  ? thanks  You can do investment while participating in bounty campaigns. There are lots of bounty offered by ICOs through this forum like youtube and blogging, translation, social media. Signature campaign is good if you have high rank and since your membership rank is just newbie, it's hard for you to find one here. So just do the aforementioned campaign and that's all for free. |
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That's quiet impossible since people are so desperate to buy bitcoin at a cheaper price. I can still remember last month when bitcoin reaches 6K$ mark and it surges up back to 11K$ mark after people are panic buying for in just two weeks because it's already the lowest market value bitcoin had incurred this year.
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I think using bitcoin in illegal transactions such as drug sales uses bitcoin payouts because they will not be able to meet up for exchangers or payouts
So basically, bitcoin can be used by criminals and it became a perfect tool for them for their unlawful activities. Sending digital currency to another party is quite safer than bringing a briefcase full of money. |
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Because bitcoin is Father and it was first and nobody will could be older then Bitcoin that's why its main cryptocurrency and others could be much special in that things then bitcoin.
Not only being the Father of all alternate coins, but bitcoin is the base currency in the cryptoworld. Every alternate coin is traded in Bitcoin before you convert it to fiat. And since fiat is our major means of buying goods and other services, that's why we trade our alts with btc and trade it to real money. |
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I ran across this video a while ago on what can happen to you if you don't pay your taxes. At some point during your Bitcoin career, the cryptocoin will be converted to fiat and that's how they will catch you. https://www.youtube.com/watch?v=hf2fNEUPjQwWell, that only perfectly applies to a country that imposes rules and regulations on cryptocurrency. Of course, if your country is requiring you to pay tax for your crypto earnings, then you have to or else you will be liable to tax evasion. |
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Bitcoin stable bright future will make you financially secure, according to the law, the demand will increase in demand and those who have invested in the first day and they still hold hands will be handsome.
Crashes are normal and it will cause bitcoin's market value to plunge as more people are also panic selling their bitcoin. But i don't really think it can cause bitcoin's market value to go deep until it becomes worthless because bitcoin is already the mainstream and the demand of people is getting high too. |
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Year 2020 is predicted to be bitcoin's prime. Prices speculations around 30K$ to 50K$ is said to be reachable as bitcoin is slowly becoming an international currency. Along with their speculation, i am also making mine as areas with no internet connection from third world countries will be also using bitcoin during that time already.
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Just imagine Japan which is already a 1st class economy country but they still accept the blockchain technology with arms wide open and embraced it. Their economy has even boosted and grow more compared to the years where blockchain was not created yet.
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That's a good example of how banks should embrace cryptocurrency especially bitcoin. If only all the banks have the perspective like these banks in the Philippines, then bitcoin's market value may have already reached so high today.
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That'll be a good main source of income because we know that there is a bigger opportunity to earn good profits in cryptocurrency especially in bitcoin. Even other people quit their job just to focus mainly in crpyto.
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The bigger amount of bitcoin you will invest, the better because it can also yield big profit even in a short period of time. But we can not predict if its market price will spike as soon as you buy bitcoin.
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Then so be it and let them impose what they really want. But there is only one thing that i think will never gonna happen. "They can't stop bitcoin and the cryptos." They can only regulate it and i am also willing to adopt it. At least, i fell safer against scam ICOs.
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I believe that in the future, Bitcoin will appear in real life as a payment method. This is beyond doubt.
If that will really happen, (like what i saw in some articles about that tangible real bitcoin) then maybe bitcoin will be the international currency already because i believe, the major drawback of being able to transact in offline hours can be solve through this real bitcoin money. |
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That is really a big problem if you lost your private key plus you don't also have the backup or mnemonic of remember it. Much even worst if that crypto wallet has lots of crypto assets that worth millions.
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