What do you think a about it? is it good or bad for bitcoin?
I do agree that the community is rising at the moment. I just asked two colleagues today about bitcoin and they were like yea, I have been told about it but somewhat scared. I immediately did a little deposit of the knowledge and experience I have and guess what? They were somewhat convince and asked how they could come in to participate. So, with this, I do also strongly believe all over the globe that the adoption phase has improved compared to last two months. With the help of the television and radio awareness too, I believe a more coverage will be reached.
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A temporary deep in the price of bitcoin or big rise in an altcoin still doesn't count for losing faith in Bitcoin. These are main market happenings that is bound to happen and that's what makes the market exciting too. I would probably agree with the loss of faith if or when bitcoin goes out; a real crash! But that isn't happening. Like most people agree and have said that Bitcoin is unstoppable, this is what I believe and know for sure.
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even when attacked from the inside by blockstream/core it just forks and offers two chains. at least one will continue delivering p2p electronic money to the people with low fees. maybe both? we'll see. Very true that Bitcoin is unstoppable as at last week there was a deep and I noticed some people started doing a panic withdrawal. Though I was calm because bitcoin hasn't reached the projexted/speculated 10,000$ mark price. I do know that before it reaches this high mark there will be some hurdles and setbacks but after which it will soar. As at today it is back past the 7,000$. Truly bitcoin is unstoppable and thanks to the leverage of the blockchain technology.
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I believe there should be a time gap between different postings to avoid these errors from coming up frequently. Do try and take time to read through what others have typed to while away the time and don't just try to keeping to the exact timing; exceeding the 360s is good to get your post through. I did experienced this error initially but got over it with this idea. Try it, it will work for you too. Every error encountered is a precaution set to avoid spammers too.
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I quite frankly disagree about bitcoin collapsing in the next six months. There are even other speculations that bitcoin will stay at the top rank while others follow; even after new introductions into the coin market. I do believe the altcoins can only help frustrate themselves by diluting each other's prowess. The gradual but steady spread of the bitcoin/Cryptocurrency will take alongside bitcoin itself to get itself spread. So, bitcoin has an established leverage/platform on which it sustains itself.
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I got the chill yesterday when my payment was delayed too and was later informed that there was a lockdown on the blockchain! Really outrageous! Informed that someone bought 10000btc dat put a lockdown on the transaction chain. Heard someone had to even pay a 35$ transaction fee to clear out a 100$ payment! Hmmn... This is technology, they say, a lockdown on transaction shouldn't be happening at this stage. Well, I got my payment in about 48hours, this can be better and I hope it is looked into to avoid a future crack down.
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We are really hopefully the price of bitcoin will soar again before the end of next year and more positive as regards the second week in December. There has been a recent panic withdrawals probably due to the festive season approaching and people also wanting to convert to fiat and spend with ease. Believe with time when bitcoin is more accepted, then there can be stability during this periods without it affecting demand and supply. Also attributing the price fluctuations to the high transaction fees which I hear is now adjusting.
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Would it be possible for a group of extremely rich billionaires & other powerful individuals to manipulate the bitcoin market? e.g. Pump and dump, exposure to news networks, lobbying for favourable bitcoin regulation,etc I have had this thought and believe that it is quite possible for someone or some group of persons to go on and manipulate the Cryptocurrency market; directly or indirectly. I do have my reservations though as to why the system could be so tampered with at will. Just getting know from someone that a guy intentionally did a transaction that has held the blockchain on a lockdown; quite outrageous but it has happened. There are truly some Heads making some decisions in this regards
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hello friends, i want to ask about airdrop, i have been following and join airdrop to get coin, but until now i have not got any coin at all, why can be like that? is there something wrong with airdrop that i follow? do i follow only airdrop scam?
I have participated in a few and can say that there are scammers amongst them. But do ensure you go through their white paper well to know what they are really into and to see all their administrators; reputability of the ICO is impossible. Then you need to ensure that all requirement regarding the airdrop is adhered to strictly. Then you also ensure you chexj
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
The issue of unemployment is a general issue amongst the developing countries which has eaten deep into the economy and government has been unavoidably defeated as regards this. But with the various opportunities laying in the bitcoin and Cryptocurrency world at large, unemployment can and will be eradicated. I will like to believe that with time and strategic planning, bitcoin will spread like a wild fire and then serving the full purposes it was created for.
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
Future digitalized! Just having to project like we do watch those futuristic movies depicting how the world will look like in 2045. Definitely, there will be a Cryptocurrency revolution and the populace will be acquainted with what bitcoin is and definitely be in its use. The fiat system would have been driven aside; into the shadows. It can still be used locally and it is with limits too now really evident. Cryptocurrency destroying the holds of fiat and not total extermination.
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I went to my bank today to change money to foreign currency because I will be traveling abroad soon. I asked the lady what are the current annual interest rates if you decide to give your money to bank for certain period of time without being able to withdraw that money (Savings Account). She said proudly that zhe interest rate is 1.3% which is the highest in the country. I was holding my laugh and smiled kindly to her and I said that even 1.3% is not enough for me. What do you guys think? I think 1.3% per year is a joke. Money can lose that much value in one year so you didn't actually profit at all. What kind of interets rates do you get at your banks?
It is quite small in comparison to what can be earned if the same money is being converted into bitcoins and then invested. The take is quite high. I guess the lady that responded has no idea of what investment offers that can yield x30 of what they are offering. Well, the bank interest rate is somewhat sane generally and they have the mentality that it is a fair gain on what they are offering. When the opportunities in the Cryptocurrency currencies fully dawns on the general public then the bank will be exposed to the ridiculous interest they have been giving and still bragging about it.
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What is the way to stop Bitcoin from being a bear market?
It is Cryptocurrency in this new Age. We need not forget that this sector is very volatile and this can't be fully controlled. And at this periods, where we have the forks coming in. There are other factors that can help with its Bitcoins from experiencing a continuous deep. But just like I said, it is only temporary for d sharp downward movement which can be changed. Recapitalization will also help in firming the price of Bitcoin with people HODLing it.
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HODLing Bitcoin is a way of investing in one's cash. To HODL, one has to be really unperturbed as regards what the market might be saying at the moment. The real deal is to have the fundamentals as to what the market will eventually say as regards the price. The adaption stage is yet to have happened and when it gets there. So, for those who get to fully HODL, it is more money for them and more value is been placed on what they have on the long run.
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Oh its gonna fall even harder. I told you to sell a few days ago...
There is a particular volume of Bitcoin available in circulation. As more people tend to buy in to bitcoin, the value increases. We are just in the starting phase of global adoption of Cryptocurrency. So, the current sharp decline/deep in the value of Bitcoin is only temporary because its upward mark has not yet been reached. And I do believe with experts dat the fall in price isnt a surprise which will continue to happen and the it solidly builds up in the adaption stage.
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Paper money/fiat will go into antics sooner or later. Change they say is inevitable and the limitations of fiat has been eradicated with the numerous opportunities the Cryptocurrency is bringing to the table. I do believe there are a lot being put in place to fight the Cryptocurrency from coming into full limelight. But at the moment, both are working hand in hand to meet our needs were its tendering is required. At the long run, the Cryptocurrency takes over with full dominance.
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If bitcoin to be international currency, what do you think? You can use it every where and anywhere, without exchange it. And how to use transaction with it, if bitcoin just crypto currency? How many people like with this thread?
It has gone international and at various levels of acceptance all over the world; at adoption and adaptation phases. It is termed Cryptocurrency meaning digital currency/ digital money. It is getting popular and gaining more grounds. By the time all holds are being lifted, then it can assume the full position of being called the international currency. And indirectly or directly eroding the strength of all other fiats across the globe.
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What are the things to do to succeed in trade? What are you doing to make your business bigger? How can we make more money?
I have learnt to ask questions when not clear on certain matters and also to ask more questions to ascertain one's disposition as regards investments. With good selective areas of wisdom certified persons/places, one can always be right as regards decision making in business. The key word I will like to agree with in earning more money is recapitalization; this entails building up the intial capital you started with from your profits. By this step, you earn more and capital is expanded too.
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After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter? [/quo
Bitcoin is it's own world entirely. It is sti the king of Cryptocurrency at the moment. Where bitcoin isn't accepted yet or known, it can't be king there at all. I did say bitcoin being the strongest at this stage is a relative term. When and if bitcoin works its ways through the hearts of all the nations/countries then can it be termed as the strongest, publicly and undisputed. Bitcoin knowledge is not to be limited at this point too. This is the age of digital money!
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Bitcoin as a means of ending the world's poverty is somewhat relative; this will have a major assistance with individuals all around the country and globe participating and getting informed of the Cryptocurrency world. As much as there might be individuals or a part if the government making profits and then using it to develop the country by providing the basic social amenities at no cost if the citizens. Basically there has to be a structure in place to make this happen without which greed sets in and we have displaced priorities.
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