Current market situation is not good for crypto, again and again the price goes down. We can use this moment to invest and hold not to sell. Using this situation we can buy more bitcoins and hold it for long time. From starting itself this year is not good for crypto. All are expect by the end of this year the price will increase. But according to current situation the chance is very less for the bull run. We cannot judge the market it may happen or may not.
This is true. This kind of happenings is a natural process in cryptocurrency im which you do not know what will going to happen next or sometimes you cannot predict the future happenings. With this you need to be smart enough to analyze the current market situation. Jist like today, where it is not good, then probably hold and wait for the perfect time. It is about playing wise. |
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Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?
Simply because they cannot regulate the bitcoin which is the thing that they do not like. With this we can say that they do not want cryptocurrency because they cannot get a hold into it. They do not like it. This is mot necessary for them. They want everything to be im their control. |
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No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.
Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.
This is true. Banks really are an organization who seeks for profit. With this they might as well adopt the technology's new face so that they can go with the flow. It implies that there are really more and more people who are interested in bitcoin and so as an institution like bank. Bitcoin will be the new face of currency. |
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bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me
Probably because asians are in need of money. But then if we take a look, western countries are the one who considered the potential of bitcoin, this implies that they understand that it is the future and this is what the government of some asian countries did not realize. There is wrong in the government system. Maybe capitalism is not there that is why. |
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I don't think that everyone needs to read about it ..
Because
etherum
Bitcoins
Litecoin
Bitcoins cash
Are the ones really making the news...
Everyone's own thinking May differ but it's for an individual to decide what to invest it
In short the coins stated above are the most powerful or popular coins in cryptocurrency, which implies that there are more users uses it at the same time they trusted those coins stated. Amd also we can that it performs well in the market. And most especially the potential those coins has. |
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Will you encourage others to invest in crypto and explain to them that this is not a scam or a pyramiding activity?
I will probably do this. Encouraging others to invest in cryptocurrency will not only benifit the investors itself, but also.the other investors who are already part of cryptocurrency. This implies that the more users the cryptocurrency has, it will probably have a huge market value, which is needed today. So we better encourage others who really are interested in crypto. |
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The moment all the countries convert to crytocurrency would be the beginning of many amazing things to happen to the world and the financial sector, the process sending and receiving funds worldwide would become very fast and easy, it would lead to growth of businesses and make life easier for citizens of the world.
I agree with this. This is the future what everyone deserves. This is surely give satisfaction to everyone especially to those business sectors because doing transactions is much easier at the same time accessible. Using cryptocurrency as the new form of world currency is something that will help us in our life to walk faster. |
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This crash has one good thing. Seems like Bitconnect is finally gone  This is surely a good thing because it brings opportunity to everyone. It serves as a catalyst in which people can start up in cryptocurrency without worrying too much on the investment. At the same time, those believer take this as an opportunity and not as a threat. The happenings varries on how we perceive things. |
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it seems like the price of Bitcoin has soared at the end of the year and dropped at the beginning of the year. various issues and factors that make Bitcoin prices go down this year. I only hope that next year there will be no issue that causes the Bitcoin price to fall again.
As long as people in cryptocurrency who uses bitcoin has issues, then surely the bitcoin will always have. This kind of happenings is common, but it is not really that healthy for the current market so it will surely be better if people who uses bitcoin trusted it fully without doubting, at the same time no panic seller. It is like a domino effect and only strong people will still stand even there is a chaos. So it is really betyer for the bitcoin if people give trust to it. |
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I believe the answer to your question would be when the big supermarkets accept some form of btc for their goods.
It has a point. What people need is something that we can use in a day to day life. That is why it is necessary to think that it will be good for the cryptocurrency market if it will be accepted by huge company. Still if we think about it, those people who are not comfortable with bitcoin are people who do not really trust bitcoin. They doubt bitcoin that is why. So for me, people will feel comfortable with bitcoin if they start trusting bitcoin fully. |
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Bitcointalk name: Shimmiry
Rank: member
Current post count: 221
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Bitcoin is going 9yrs old, so far no alts surpasses Bitcoin. For 9yrs it remains the king. While Bitcoin is going down, no alts remains strong. All alts are crashing too. This is the best indication that Bitcoin has no replacement.
In terms of cryptocurrency there is no other alternative coins that will surpass bitcoin. But if we are talking about the currency just like dollars and such, probably no. Bitcoin is a currency in which this is wbat the current generation is looking. A currency that will help everything to be done quickly. |
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i dont think so. bitcoin is legend
So true. They may be have the same characteristics and similarities but they should have the different purpose. At the same time etc would need to run long way to reach for the bitcoin. Bitcoin is more popular and that is an advantage. As long as the coin functions that is the thing that is important. |
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A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are.  We can state them what are our experienced with bitcoin. The positive experience in which you just need to be smart enough in choosing where to invest or what to use, because in bitcoin it is how you play. With this, the market stability maybe a problem but make sure that the analyst predictions are true and realistic. |
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What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
As of today, there maybe a small amount of businesses who wanted to engaged in using crypto because of the high volatility rate. With this they wanted to be sure with their profit because they are only small stores who has the high risk of bankruptcy. With this we can tell them the future of crypto that it has a huge potential and soom enough it will rise. At the same time, with cryptocurrency you can do transactions easier. |
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probably because the price of bitcoin and ethereum goes down so people sell their altcoin to switch to bitcoin or ethereum, and that's why altcoin prices go down, and bitcoin and ethereum prices go down because those who sell them panic when they see bitcoin and ethereum go down a bit and sell it straight away for fear it will not rise again (according to my prediction).
It maybe true but I agree with this. People tends to sells. Panic seller. They do not realize the real value they just think of the present they did not even realize that the future value of coins will rise. Bitcoin and ethereum are coins that on top, but probably it will help other coins to rise again. |
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Cryptocurrencies certainly offer some advantages that are absent with fiats, however, fiats play another role for government as it is a tool to control the supply of money and as such control the economy, that will be difficult to replace with crypto in the future
Got a point. The thing here is the government in which they mainly concerned the usage of fiat currency in which they can control. Unlike in cryptocurrency which they do not have the power to rule over because of its system. But crypto is much functionable in both rich and poor. Unlike in fiat. Crypto will be the new face of currency. |
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never i expect that Ethereum will go this far at price 410$ however it is a good thing that it is down for now so that many of us have the chance to get some of ethereum for our holdings, ethereum has a good platform and many ICO uses ethereum platform, anytime of the year it will rise up and be back on top of the market.
This is a brilliant idea indeed. A good way to start purchasing more etc a great opportunity to have a hold to something will great potential. Soon enough ethereum will rise and the investors investment will be paid off more than what they expected. This is the cycle of crypto. |
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Cash is certainly necessary in the whole society, but as you say our money is always devaluating, it is believed that the encrypted currency will soon take over the model, and at least many people know that the money can be kept in the bitcoin.
This is somehow true. People seek for instant and that is what cryptocurrency can give. All the transactions do in money are easily done with crypto. This is one of the reason why people may choose crypto currency sooner or later no doubt about that. Aside from decentralized market, it has inique features also. |
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I don't think about taxes. I have an opportunity not to pay them and I won't do it. The government should make the tax but not to extort him. Do you see government support for all participants in the cryptocurrency market? What to pay tax for? I hope that someday I will have the opportunity not to use Fiat and I will not interfere with the government at all.
I agree with this. And also government cannot control it. At the same time the taxes can be on the goods that people buy and also im the property an individual has, those are when the government has to implement tax even though it was bought through crypto. But not the crypto itself became it is decentralized. |
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